Skip to content
thelocalreport.in thelocalreport.in

Thelocalreport.in is a news website which includes national international,#sports,#wealth,#weather, #entertainment and other types of news.

  • Jammu and Kashmir
  • World
  • India News
  • Uk
  • Canada
  • United States
  • About Us
  • Contact Us
thelocalreport.in
thelocalreport.in

Thelocalreport.in is a news website which includes national international,#sports,#wealth,#weather, #entertainment and other types of news.

What Is Costlier, What Is Cheaper Now?

KANIKA SINGH RATHORE, 01/02/202501/02/2025


New Delhi:

Union Finance Minister Nirmala Sitharaman on Saturday presented the Union Budget 2025-26, outling a roadmap for India’s continued economic expansion, emphasising agriculture, micro, small, and medium enterprises (MSMEs), investment, and exports. Ms Sitharaman emphasised that the Budget is dedicated to accelerating growth and driving India’s aspirations toward becoming a ‘Viksit Bharat’ (developed India).

Some items will become cheaper due to tax reductions, while others could see price hikes due to increased duties or new taxes. Ms Sitharaman proposed to exempt customs duty on life-saving drugs. Let’s take a look at what’s getting cheaper and what will be costlier:

What’s Cheaper?

Carrier Grade internet switches

36 life-saving medicines exempted from basic customs duty

Scrap of lithium-ion battery, Lead, Zinc, and 12 more critical minerals

Frozen fish

Frozen Fish Paste (Surimi) – Customs duty will be reduced from 30% to 5%

Synthetic flavouring essences

Leather belts

Leather shoes

Leather jackets

Marine products

Raw materials for manufacturing ships are exempt from basic customs duty for an additional 10 years

Cobalt products

What’s Costlier?

Interactive flat panel display

Knitted fabrics

Last year, the government made a major reduction in customs duty on cancer medicines and mobile phones, significantly bringing down their prices in the retail market. Imported gold, silver, leather goods and seafood also got cheaper. On the other hand, the government raised customs duty on ammonium nitrate by 10% and by 25% on non-biodegradable plastics.


ALSO READ  When Narendra Modi brought back Ganeshotsav to Gujarat
India News

Post navigation

Previous post
Next post

Follow Us On Google News

  • PM Modi applauds Naval creativity in penning song ‘Kasam Sindoor Ki’
  • How thieves pulled off an audacious seven-minute robbery at the Louvre
  • Harry Potter star says he turned down celebrity traitors
  • Congress rejects NC’s proposal to field its candidate for Nagrota by-election
  • China’s leader Xi Jinping plans the next five years of the Communist Party
  • PM Modi lauds indigenous strength with induction of home-grown warships, submarines into Navy
  • Cameron Crowe: ‘Bowie remembered it all. He just didn’t want to remember it with me’
  • King Charles releases his second podcast
  • Lokpal wants 7 high-end BMW cars worth ₹70 lakh, tenders issued
  • Tamil Nadu native arrested for raping IT professional is history-sheeter
  • Jamie Carragher warns over Florian Wertz’s form
  • In Nalgonda, Telangana, mother killed two children before committing suicide.
  • I’ve been subsisting on bin food for seven years – I only buy beer, oil, chocolate and spices
  • Delhi’s winter woes: Why the city turns into a gas chamber every year Explained
  • Tight security arrangements across northern Tamil Nadu for Diwali celebrations
  • Plus500’s revenue declines after weak quarter for financial markets
  • Last stand: Naxalite movement will collapse before 2026 deadline
  • Fans condemn Balwinder Sopal’s ‘ridiculous’ lack of support
  • Nicola Roberts: ‘I have friends who didn’t make it to 40 – aging is a blessing’
  • The very name of INS Vikrant had given Pakistan sleepless nights: PM Modi
  • Harry Maguire urges Man Utd to keep up momentum after win at Liverpool
  • SC refers the question of equality between AYUSH and allopathic doctors to a larger bench
  • AAP releases fourth list of 12 candidates for Bihar Assembly elections 2025
  • A mysterious airstrip has appeared in the Red Sea. Here’s what it could mean
  • UP CM Yogi spreads Diwali happiness among slum dwellers in Ayodhya
  • Justin Lupe: ‘Acting while pregnant was a really healing experience’
  • Woman uses AI to win major Powerball prize
  • After High Court’s direction, RSS submits new petition to government officials for Chittapur foot march
  • Jamie Carragher calls on Arne Slot to bench Mo Salah
  • Ground staff killed in cargo plane crash in Hong Kong
  • DMK minister Shekhar Babu greets North Indians in Hindi to strengthen ties with non-Tamil communities
  • Hong Kong cargo plane skids off runway and crashes into sea, killing two
  • PM Modi said, ‘BrahMos troubles many people’; India’s missile power appreciated
  • Jammu and Kashmir
  • World
  • India News
  • Uk
  • Canada
  • United States
  • About Us
  • Contact Us
  • Jammu and Kashmir
  • World
  • India News
  • Uk
  • Canada
  • United States
  • About Us
  • Contact Us

Add thelocalreport.in As A Trusted Source in Google

Canada News

  • Two more teenagers charged in stabbing death of 14-year-old Abdul Aziz Sarr
    Two more teenagers charged in stabbing death of 14-year-old Abdul Aziz Sarr
  • Edmonton teen Samuel Bird's body found, arrest made
    Edmonton teen Samuel Bird’s body found, arrest made
  • Family sues Durham police over fatal Highway 401 crash
    Family sues Durham police over fatal Highway 401 crash
  • Boom or bust: What to expect from Max Scherzer in Game 4
    Boom or bust: What to expect from Max Scherzer in Game 4
  • Toronto police appeal for help locating next of kin in violent death of 62-year-old homeless man
    Toronto police appeal for help locating next of kin in violent death of 62-year-old homeless man
  • Ford reacts to Stellantis' decision to move production to the US
    Ford reacts to Stellantis’ decision to move production to the US

India News

  • PM Modi applauds Naval creativity in penning song 'Kasam Sindoor Ki'
    PM Modi applauds Naval creativity in penning song ‘Kasam Sindoor Ki’
  • Congress rejects NC's proposal to field its candidate for Nagrota by-election
    Congress rejects NC’s proposal to field its candidate for Nagrota by-election
  • PM Modi lauds indigenous strength with induction of home-grown warships, submarines into Navy
    PM Modi lauds indigenous strength with induction of home-grown warships, submarines into Navy
  • Lokpal wants 7 high-end BMW cars worth ₹70 lakh, tenders issued
    Lokpal wants 7 high-end BMW cars worth ₹70 lakh, tenders issued
  • Tamil Nadu native arrested for raping IT professional is history-sheeter
    Tamil Nadu native arrested for raping IT professional is history-sheeter
  • In Nalgonda, Telangana, mother killed two children before committing suicide.
    In Nalgonda, Telangana, mother killed two children before committing suicide.

Us News

  • JUST IN: President Trump cuts all US funding to Colombia – and I have a question…
  • Holy crap: President Trump suggests Barack Obama gets “caught” next!
  • UPDATE: JD Vance gives hilarious response to Harry Sisson getting too mad over liquid diarrhea video
  • Donald Trump Confesses Jesus Christ!
  • WATCH: President Trump shares hilarious video about Harry Sisson and liquid diarrhea!
  • SUNDAY GOSPEL: The Miraculous Power of Fasting & Prayer!

Uk News

  • How thieves pulled off an audacious seven-minute robbery at the Louvre
    How thieves pulled off an audacious seven-minute robbery at the Louvre
  • Harry Potter star says he turned down celebrity traitors
    Harry Potter star says he turned down celebrity traitors
  • China's leader Xi Jinping plans the next five years of the Communist Party
    China’s leader Xi Jinping plans the next five years of the Communist Party
  • Cameron Crowe: ‘Bowie remembered it all. He just didn’t want to remember it with me’
    Cameron Crowe: ‘Bowie remembered it all. He just didn’t want to remember it with me’
  • King Charles releases his second podcast
    King Charles releases his second podcast
  • Jamie Carragher warns over Florian Wertz's form
    Jamie Carragher warns over Florian Wertz’s form
  • World
  • United States
  • India News
  • Uk
  • Canada
  • thelocalreport.in Company Details
  • Terms and Conditions
  • DNPA Code of Ethics
  • Correction Policy
  • Contact Us
  • About Us
  • Rss Feeds
©2025 thelocalreport.in | WordPress Theme by SuperbThemes