Budget 2026: The Union Budget 2026–27 has laid out several changes in customs duties and tax rates that will directly affect household expenses and consumer
prices. As is customary, the government has tweaked duties to support domestic manufacturing, discourage select imports, and make essential or priority items more affordable.
Items with reduced duties are expected to become cheaper for consumers, while higher levies on certain goods could push prices up.
What Gets Cheaper
Leather goods
Footwear
Cancer drugs
Foreign tour packages
Studying abroad (overseas education expenses)
Microwave ovens
Television equipment
Cameras
Equipment imported for foreign film shoots in India
Video game manufacturing components
Coffee machines and vending machines
Biofuel blended with CNG
Aircraft and airplane parts
What Gets Costlier
Coal
Scrap
Liquor
Overall, Budget 2026 prioritises affordability in healthcare, travel, electronics and manufacturing inputs, while raising costs in select sectors to meet revenue and policy objectives.
