The budget has been introduced in Parliament. Finance Minister Nirmala Sitharaman has announced direct and indirect taxes in the budget. The new Income Tax Bill will be introduced in Parliament next week. Apart from this, the government has reduced customs duty on 56 medicines. Mobile phones and cameras will become cheap. This budget will be for the entire 12 months of financial year 2025-26. Here we are telling you the list of expensive or cheap things in budget 2025.
Finance Minister Nirmala Sitharaman has reduced customs duty on many goods, presenting the budget 2025-26, which is expected to reduce the rates of some goods. Especially electronics, medicines and electric vehicles related things will now become cheaper.
In the new budget, electronics, medicines, 36 life saving medicines, cancer medicines, electric vehicles, mobile phones, mobile batteries, handful of mobile phones, leather goods and LED TVs have become cheap.
Flat panel displays, TV displays, clothes have become expensive. The original fee on frozen fish paste has been reduced from 30 percent to 5 percent. This will apply to manufacturing and exported products.
The budget of 2024 proposed a 6 percent reduction in customs duty on gold and silver, but this time the government has not made any changes in the import duty on gold and silver in the budget.
