Hyderabad, Feb. 1 -- Finance Minister Nirmala Sitharaman on Sunday, February 1, in the 2026 Union Budget presentation, proposed changes in duty cuts, making some items cheaper and some costlier. Like previous years, the minister has proposed an increase in taxes on sin goods.
List of items that become cheaper, costlier
As a result of changes in taxes, some items become cheaper due to tax reductions, while others could see price hikes.
Items that become cheaper
17 cancer drugs
Seafood
Leather products
Smartphones
EV batteries
Solar panels
Microwave ovens
Sports equipment
Consumer electronics products imported for personal use
Overseas tourism packages
Foreign education
Items that become costlier
Alcohol
Tobacco products li...
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