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    Photo: File Budget 2025

    Cheaper and costlier list: Finance Minister Nirmala Sitharaman has proposed to reduce basic duty on many products while presenting the budget today. This will now make many products cheap. This was the eighth consecutive budget of Finance Minister Nirmala Sitharaman. In this budget, he has made major announcements for middle class, farmers and taxpayers. Let us know what will be cheaper and expensive than the announcements made in the budget 2025.

    These items will become cheaper

    Other life saving medicines including cancer

    36 drugs used to treat cancer and rare diseases will be exempted from basic customs. This will reduce their prices. The government has proposed exemption from basic customs to 37 more medicines.

    Mobile phone, TV, electric vehicle, LED, EV battery

    The budget proposes a complete discount from basic customs to cobalt products, LED, zinc, lithium-ion battery scraps and 12 important minerals.

    Marine product

    Raw materials used to manufacture ships have been exempted from basic customs for the next 10 years.

    Frozen fish paste

    Basic customs duty on Fish Pasteurii will be reduced from 30 percent to 5 percent.

    Handicraft products

    A plan has also been announced to promote handicraft exports in the budget.

    leather

    The government will give a complete discount to wet blue leather from basic customs duty.

    Prices of these items will increase

    The government has proposed to increase the basic customs duty from 10 percent to 20 percent on the interactive flat panel display. The Finance Minister said that its purpose is to fix inverted duty structure.

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