Union Budget 2024: What Becomes Cheaper and What’s Costlier?

Sakshi Education

With Finance Minister Nirmala Sitharaman announcing major reductions in customs duty on certain cancer drugs and mobile phones, their market prices are set to drop significantly. The three cancer drugs are Trastuzumab deruxtecan, Osimertinib, and Durvalumab.

Also Read: Union Budget 2024-25 Highlights!

What’s Becoming Cheaper:

Cancer treatment drugs: Trastuzumab deruxtecan, Osimertinib, and Durvalumab will be exempt from customs duty.
Mobile phones and chargers: Basic customs duty will be reduced to 15%.
Imported gold and silver: Duties will be reduced by 6%, boosting retail demand.
Platinum: Customs duty will be cut by 6.5%.
Leather goods and seafood: Including shrimps and fish feed, with a 5% duty reduction.

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What’s Becoming Costlier: