Budget 2026: Finance Minister Nirmala Sitharaman unveiled Modi 3.0’s third Union Budget 2025-26 on Sunday, Feb. 1, with its key focus areas on boost for India’s infrastructure growth and capex allocation. With today’s budget, the finance minister’s policy announcements have resulted in price reductions for several items.
Budget 2026: Here’s the list of what’s become cheaper and dearer with Modi 3.0’s third Union Budget-
Complete List of items that have got cheaper in Budget 2026:
Overseas tourism packages: TCS rate cut from 5-20% to 2%
Foreign education: Lower TDS under LRS for education expenses
Alcoholic liquor scrap and certain minerals: Duty reduced from 5% to 2%
Shoe upper exports: Duty-free imports allowed
Energy transition equipment: Basic customs duty (BCD) exempt
Complete List of items that have got costlier in Budget 2026:
Income tax misreporting: Penalty equal to 100% of the tax amount
Non-disclosure of movable assets: Now attracts a penalty
Stock options and futures trading: Securities Transaction Tax raised from 0.02% to 0.05%
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