Budget 2026 Overview: What Citizens And Businesses Should Know
Budget 2026 aims to strike a balance between consumer relief and revenue from luxury items. Prices for essential goods like electric vehicles, medicines including cancer and diabetic drugs, sports equipment, and made-in-India smartphones and tablets are set to fall, easing the burden on everyday citizens. At the same time, imported luxury products such as watches, alcohol, coffee machines, and film equipment will face higher duties, encouraging domestic production and regulating high-end consumption. Leather exporters stand to gain from duty-free import benefits. Experts say the budget reflects a dual approach, supporting both affordability and industrial growth, signaling India’s continued focus on economic resilience and strategic trade policy.
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