India, Feb. 1 -- In the Union Budget 2026-2027 speech, Finance Minister Nirmala Sitharaman made a push for 'Aatmanirbhar Bharat', making a series of announcements expected to boost the economy and provide relief to consumers and common taxpayers.

One of the key highlights of the Budget address was the list of items which are set to get cheaper with tax benefits, some of the imported goods are set to get costlier as the government has removed exemptions or increased tariffs.

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The government made cuts in tariffs and customs duty on several products like essential drugs, electric vehicles and leather products, making them cheaper. On the other hand, luxury goods, including watches and...