The Government of India has presented the Union Budget 2026–27, and its impact will be seen across several goods and services in the coming months. This budget directly affects the common man’s expenses, as some items are expected to become cheaper while others may turn costlier.
According to Hindustan Trends, the budget focuses on balancing economic growth with consumer affordability. Changes in customs duty and taxation will influence prices across multiple sectors.
What Will Become Cheaper?
The government has reduced customs duty and taxes on several products and services, which is expected to lower their prices.
Smartphones and Tablets
Mobile phones and tablets manufactured domestically are likely to become cheaper. Reduced customs duty on key components can help manufacturers cut costs, which may be passed on to consumers.
EV Batteries and Solar Panels
Lithium-ion batteries, solar glass, and other clean energy products are expected to become more affordable. This move supports clean energy adoption and electric mobility.
Essential Medicines
Several life-saving and essential medicines may become cheaper. Lower duties on pharmaceutical inputs could reduce overall treatment costs.
Selected Imported Goods
Certain imported items meant for personal use may see a price drop due to reduced import duties.
Seafood Processing Products
Relaxation in import limits and duties may reduce the cost of seafood processing inputs, helping the marine and food-processing sector.
These measures are expected to provide relief mainly in the electronics, renewable energy, and healthcare sectors.
What Will Become Costlier?
Due to changes in taxes and duties, some goods and services may become more expensive.
Alcohol and Premium Liquor
Higher duties on alcoholic beverages may lead to increased prices.
Luxury Watches and Premium Goods
Imported luxury watches and high-end products are expected to become costlier due to higher import duties.
Tobacco and Sin Goods
Cigarettes, bidis, and other tobacco products may become more expensive as taxes have been increased.
Certain Agricultural Inputs and Fertilizers
Some agricultural inputs and fertilizers may see a rise in costs due to duty-related changes.
Stock Market F&O Trading
Trading in futures and options may become costlier as higher taxes increase transaction costs.
These steps are aimed at increasing government revenue and regulating consumption in specific sectors.
Overall Impact
The Union Budget 2026–27 aims to sustain economic growth while strengthening production-based policies. Special emphasis has been placed on clean energy, electronics, healthcare, and manufacturing sectors.
In summary:
- Consumers may get relief in technology and healthcare-related products
- Luxury and non-essential items may become more expensive
As highlighted by Hindustan Trends, understanding these changes can help individuals plan their expenses and make smarter financial decisions after Budget 2026.
