Budget 2026: Check what gets cheaper and costlier in Union Budget this year

Customs duty changes announced in the Union Budget 2026–27 will lower prices for a range of essential items, including 17 cancer drugs and medicines and specialised nutrition used in the treatment of seven rare diseases, Finance Minister Nirmala Sitharaman said while presenting the Budget in Parliament on Sunday. Duties have also been reduced on microwave oven components, easing manufacturing costs.

At the same time, higher basic customs duty on select imports will push up prices of certain goods, notably low-cost imported umbrellas and ATM and cash dispensing machines. Here is a snapshot of the items that are set to become cheaper — and those that will turn costlier — under the new duty structure.

Here is everything that got cheaper in this year's Budget


The Budget announced a series of duty cuts and tax rationalisations aimed at easing costs for consumers, exporters and strategic sectors.

• Overseas tour packages: TCS cut to 2% from the earlier 5–20%, with no minimum amount
• Foreign remittances for education and medical treatment under LRS: TCS reduced to 2% from 5%
• Microwave ovens: Customs duty exemption on specified manufacturing parts
• Personal-use imports by international travellers: Customs duty cut to 10% from 20%
• Personal-use imports by international travellers: Customs duty cut to 10% from 20%
• Textile and leather exporters: Export realisation period extended to one year, easing working capital stress
• Cancer and critical illness medicines: Basic customs duty fully exempted on 17 drugs
• Drugs, medicines and food for special medical purposes related to seven rare diseases
• Drugs and medicines imported for personal use
• Key Components for Microwave Ovens
• Components or parts, including engines of aircraft
• Solar glass ingredients
• Goods imported for nuclear power projects
• Capital goods for critical minerals

Here is everything that got costlier in this year's Budget

• Low cost imported umbrellas
• Potassium Hydroxide
• ATM/Cash dispenser machine and its parts and components
• Film & broadcasting equipment for foreign crews
• Imported Zoo animals & birds
• Fertiliser inputs as Ammonium phosphate / nitro-phosphate fertilisers and Naphtha
• Coffee roasting, brewing or vending machines
• Castor oil cake
• Futures trading: Securities Transaction Tax (STT) increased to 0.05% from 0.02%
• Options trading: STT on options premium and exercise raised to 0.15%
• Sale of alcoholic liquor, minerals and scrap: TCS increased to 2% from 1%
• Chewing tobacco, gutkha and similar products: NCCD raised to 60% from 25%
  (effective duty incidence to remain at 25% through notification)