By Sakshi Sah
Published Feb 01, 2025

Hindustan Times
Trending

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Budget 2025: What’s cheaper, what’s costlier

This is the second full budget of the Modi 3.0 government after winning the 2024 elections.

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Finance Minister Nirmala Sitharaman presented her eighth Union Budget for 2025-26.

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Here are the items that have become cheaper and costlier for consumers.

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36 drugs for cancer and rare diseases will be exempt from Basic Customs Duty.

What’s getting cheaper

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Basic Customs Duty will also be removed for 37 more medicines.

What’s getting cheaper

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Items like cobalt products, LED, lithium-ion battery scrap, and 12 critical minerals are now duty-free.

What’s getting cheaper

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Basic Customs Duty to be reduced to 5 percent from 30 percent on fish pasteurii.

What’s getting cheaper

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The government has fully exempted wet blue leather from Basic Customs Duty, making it cheaper for consumers.

What’s getting cheaper

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Mobile phones and Electric Vehicle (EV) batteries.

What’s getting cheaper

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Raw materials for ship manufacturing.

What’s getting cheaper

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Basic Customs Duty on interactive flat panel displays has increased from 10% to 20%.

What’s getting costlier

Photo Credit: PTI