Budget 2026: FM Nirmala Sitharaman Cuts Customs Duty on Personal Imports, Cancer Drugs Among 17 Medicines Exempted

Date:

Trending

India Union Budget 2026: The Indian government has reduced the customs duty rate on all dutiable goods imported for personal use from 20 percent to 10 percent, as part of efforts to simplify the tariff structure.

Presenting the Union Budget in the Lok Sabha, Finance Minister Nirmala Sitharaman said basic customs duty has been fully exempted on 17 drugs and medicines to provide relief to patients, particularly those undergoing cancer treatment.

- Advertisement -

The government has also added seven more rare diseases to the exemption list, allowing duty-free personal imports of drugs, medicines, and Food for Special Medical Purposes used in their treatment

- Advertisement -

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

- Advertisement -

We don’t spam! Read our privacy policy for more info.

- Advertisement -
Krishna Mali
Krishna Mali
Founder & Group Editor of TechGraph.

More Latest Stories

More Articles

Peak XV Partners Closes $1.3 Bn in Fresh Capital to Back Startups Across India and APAC

Peak XV Partners (formerly Sequoia Capital India & SEA) has closed $1.3 billion in fresh capital commitments across its India Seed, India Venture, and...

Inflection Point Ventures leads INR 4 Cr seed round in Fintech Startup Roopya

West Bengal based no-code ‘lending-as-a-service’ platform Roopya has raised INR 4 Crore in a seed round led by Inflection Point Ventures. The company stated that the funds will be utilized to enhance its no-code, AI-enabled lending infrastructure and increase adoption of its lending-as-a-service platform among...

LTM partners with the Indian Institute of Creative Technologies to strengthen creative technology skilling

LTM, a Larsen & Toubro Group company, and the Indian Institute of Creative Technologies...

Business Structure for Modern Entrepreneurs: What No One Explains Clearly

Modern entrepreneurs often obsess over product-market fit while neglecting the structural bones of their...

How Union Budget 2026–27 Supports Small Logistics Players through TReDS and the SME Growth Fund

Union Budget 2026–27 marks a decisive shift in how India supports its small logistics...

Union Budget Focus on MSMEs: Why Efficient Warehousing Is the Missing Link

The Union Budget 2026–27 places Micro, Small, and Medium Enterprises (MSMEs) firmly at the...

Union Budget 2026 Reactions: AI, Skilling Take Centre Stage, Education Sector Calls for Better Execution

The education and skilling sector has broadly welcomed the Union Budget 2026 for its...

Union Budget 2026 Reactions: Healthcare Sector Welcomes Biopharma and Infra Push, Calls Public Health Investment Modest

The healthcare and healthtech sector welcomed the Union Budget 2026 for its focus on...

How Drone and LiDAR Surveys are Redefining Railway and Highway Project Execution

India’s railway and highway networks rank among the largest and most transformative infrastructure systems in the world. They link cities, towns, and rural communities,...

Boost Your Home’s Value and Comfort

Enhancing your home isn’t just about making it look beautiful—it’s about increasing comfort, functionality,...

What Buyers Are Looking For in the Real Estate Market

Buying a home is about more than just square footage and location—it’s about feeling...

Scaling Conversations: Superbot AI’s Sarvagya Mishra on Building Regional Voice AI for India’s Linguistic Markets

Speaking with TechGraph, Sarvagya Mishra, Founder and Director of Superbot, discussed how India’s shift...

Union Budget 2026 Reactions: Tech Sector Welcomes AI Focus, Sees Cloud Tax Incentives as Boost To India’s Digital Growth

India’s Union Budget for 2026, presented on Feb 1 by Nirmala Sitharaman, further integrated...

Union Budget 2026: Nirmala Sitharaman Raises Capex to ₹12.2 Lakh Crore, Fiscal Deficit Projected at 4.3% for FY27

Union Budget 2026: Finance Minister Nirmala Sitharaman said the government has allocated ₹12.2 lakh crore towards capital expenditure in the latest Union Budget, accounting...

Why India’s Housing Affordability Crisis Needs Policy Attention in Budget 2026

In the past few years, real estate prices have risen steadily, especially in tier-one and metro cities. This rise is increasingly impacting the everyday lives of middle and upper-middle-class households. Housing was once seen as a basic necessity, but it is increasingly becoming a financial...

India’s Creator Economy Seeks Tax Clarity and Social Security Support in Budget 2026

As policymakers finalise Budget 2026, the creator economy stands at a crossroads between rapid...

India’s Tech Sector Looks to Budget 2026 for AI Incentives, Cybersecurity & Broader Digital Economy Reforms

As policymakers finalise Budget 2026, leaders across artificial intelligence, quantum computing, spacetech, and semiconductor...

Scaling Industrial Automation: Delta Electronics’ Dr. Sanjeev Srivastava on Making Industry 4.0 Accessible for India’s MSMEs

Speaking with TechGraph, Dr. Sanjeev Srivastava, Head of Industrial Automation at Delta Electronics India,...

Rethinking Repayment: Zavo’s Kundan Shahi on Building a Support System for India’s EMI Borrowers

Speaking with TechGraph, Kundan Shahi, Founder of Zavo, discussed how EMI repayment in India...

FxFinex Trading Platform Review: A VIP Experience for Sophisticated Investors?

As a seasoned investor with an eye for high-quality trading platforms, I decided to...

Roombr Founder Satisha Naraharimurthy On Scalable Digital Learning Beyond Metro Schools

Speaking with TechGraph, Satisha Naraharimurthy, Founder and CEO of Roombr, discussed how schools have...

Why Edge Data Centres are India’s Next Growth Frontier

India's digital economy has entered a stage where promoting growth is no longer sufficient,...

Bulgaria Becomes 21st Member of the Eurozone

Bulgaria became the 21st nation to adopt the euro as its official currency on...

India, Pakistan Exchange List of Nuclear Facilities Under Bilateral Agreement

India and Pakistan today exchanged the list of Nuclear Installations and facilities covered under...

Scaling Conversations: Superbot AI’s Sarvagya Mishra on Building Regional Voice AI for India’s Linguistic Markets

Speaking with TechGraph, Sarvagya Mishra, Founder and Director of Superbot, discussed how India’s shift...

What Budget 2026 Should Do for Responsible AI Adoption

Over the past 5 years, Artificial Intelligence (AI) has become a core component of...

BTC to USDT: How to Convert Bitcoin to Tether Safely and Accurately

Looking to exchange BTC to USDT? With market volatility continuing to shape the crypto...

3 Things to Consider When Looking to Buy a Car

Buying a car is a big decision, whether it is your first vehicle or...

Platform-Led Homebuilding: WeHouse CEO Sripad Nandiraj on How On-Demand Construction Is Reshaping India’s Housing Market

Speaking with TechGraph, Sripad Nandiraj, Founder and CEO of WeHouse, discussed how home construction...

Union Budget 2026 Reactions: Tech Sector Welcomes AI Focus, Sees Cloud Tax Incentives as Boost To India’s Digital Growth

India’s Union Budget for 2026, presented on Feb 1 by Nirmala Sitharaman, further integrated...

Bulgaria Becomes 21st Member of the Eurozone

Bulgaria became the 21st nation to adopt the euro as its official currency on...

India, Pakistan Share Details of Prisoners and Fishermen Held in Custody

India and Pakistan today exchanged the lists of civilian prisoners and fishermen in each...

India, Pakistan Exchange List of Nuclear Facilities Under Bilateral Agreement

India and Pakistan today exchanged the list of Nuclear Installations and facilities covered under...