Budget 2025: Finance Minister Nirmala Sitharaman has presented the budget for the financial year 2025-26. In this, some things have become cheaper, while some things have become expensive. Let’s take a look at this.
Budget 2025: Finance Minister Nirmala Sitharaman has presented the budget for the financial year 2025-26. Presenting the budget for the 8th consecutive time, the Finance Minister said that we are the fastest growing economy in the world. Calling it a budget of aspirations, the Finance Minister said that the government has focused on the development of all sections. Let us see which things became cheaper in the budget and which were included in the list of expensive things.
- These things became cheaper
- Mobile phones became cheaper
- Cancer medicines became cheaper
- Medical equipments became cheaper
- LCD, LED became cheaper
- 6 life saving medicines became cheaper
- Announcement of removal of cess from 82 items
- Clothes made in India will become cheaper
- The government has given relief from tax on electric vehicles. This can make battery operated cars cheaper.
- Taxes on leather and its products have been reduced, which will make things cheaper.
- Frozen fish
- Motorcycle
- Zinc scrap
- Cobalt powder
- EV lithium battery
- Lithium ion battery
- Carrier grade internet switch
- Synthetic flavouring essence
- Raw material for shipbuilding—exemption from basic custom duty for 10 more years
- What became expensive
- In the budget, the basic custom duty on interactive flat panel displays was increased from 10 percent to 20 percent.
Knitted fabrics
Along with this, some items related to children and adults are expected to become expensive in the budget. In fact, in the Economic Survey presented a day before the budget, concern was expressed over the increasing consumption of ultra-processed food (UPF).
Due to the presence of salt, sugar, concentrated fat and artificial additives in these food items, they have a negative impact on health. In such a situation, there is a discussion of imposing higher GST on them to deal with this problem. Along with this, emphasis was also laid on strict levelling and awareness campaigns of FSSAI. Instead, emphasis was laid on increasing the consumption of local and seasonal fruits and vegetables.
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