Finance minister Nirmala Sitharaman presented her eighth consecutive Union Budget for the fiscal year 2025-2026.

Here are the items that have become cheaper and costlier for consumers.

Items that got cheaper

As many as 36 drugs for cancer, rare diseases will also be exempted from Basic Customs Duty.

Government proposed to exempt Basic Custom Duty on 37 more medicines.

Basic Customs Duty to be reduced to 5 per cent from 30 per cent on fish pasteurii.

Basic Customs Duty on fish hydrolysate for manufacture of aquatic feed reduced from 15 per cent to 5 per cent.

Other chemical compounds containing pyrimidine ring or piperazine ring's Basic Customs Duty reduced from 10 per cent to 7.5 per cent.

Basic Customs Duty on synthetic flavouring essences and mixtures of odoriferous substances of a kind used in food or drink industries reduced to 20 per cent from 100 per cent.

Centre proposes to fully exempt cobalt product, LED, zinc, lithium-ion battery scrap and 12 critical minerals from Basic Customs Duty.

Basic Customs Duty on Platinum findings have also been reduced from 25 per cent to 6.4 per cent.

Basic Customs Duty exempted on raw materials for manufacturing ships for another 10 years.

The Centre also announced scheme to further promote handicraft exports.

The government will fully exempt wet blue leather from Basic Customs Duty.

Raw materials used for manufacture of wired headset, microphone and receiver, USB cable, etc., will be exempted from Basic Customs Duty.

The duty on ethernet switches carrier-grade has been reduced from 20 per cent to 10 per cent.

Motorcycles with an engine capacity not exceeding 1600 CC will have now Basic Customs Duty of 40 per cent instead of the current 50 per cent.

Bikes with engine capacity of 1600 CC and above will have reduced Basic Customs Duty of 30 per cent from 50 per cent.

Export duty on crust leather (hides and skins) reduced from 20 per cent to zero per cent.

Items that got costlier

Basic Customs Duty on knitted fabrics covered under specified tariff items will increase from 10/20 per cent to 20 or ₹115 per kg, whichever is higher.

The government proposed to increase Basic Customs Duty on interactive flat panel display to 20 per cent from 10 per cent. This, the finance minister said, is aimed at rectifying the inverted duty structure.