TDS Desk:

The proposed FY2026–27 budget has introduced a series of tax and duty changes that are expected to affect the prices of a wide range of goods and services. While higher taxes on some imported and non-essential products may push up prices, tax cuts and duty exemptions on healthcare, technology, agriculture and green energy products are likely to provide relief to consumers.

Likely to get costlier

Cigarettes and tobacco products

Nicotine pouches

Vapes

Locally produced liquor

Petrol and diesel vehicles with engine capacities of 1,200cc–1,600cc

Imported washing machines

Imported copper tubes

Imported cold-rolled and coated coils and sheets

Imported transformers with capacities up to 1 KVA

Imported DC motors up to 1,200 watts

Imported honey

Imported coffee

Imported cashew nuts

Imported toys

Imported tiles

Imported toilets and basins

Imported shirting, panting and suiting fabrics

Imported microwave ovens

Imported stone chips

Imported lighters and lighter parts

MS products

 Likely to get cheaper

Healthcare

Kidney dialysis filters and related products

Heart stents/rings

Intraocular lenses

Special assistive devices for persons with disabilities

Cancer medicines

Active Pharmaceutical Ingredients (APIs)

Other life-saving medicines

Medical equipment

Information technology

Laptops

Desktop computers

Computer printers

Computer monitors

Computer accessories

Solid-state drives (SSDs)

Point of Sale (POS) machines

Food and agriculture

Baby food

All types of spices

All types of dates

Fertilisers

Veterinary medicines

Pesticides

Poultry, dairy and fish feed

Electric vehicles and renewable energy

Electric vehicles (EVs) worth up to US$50,000

Plug-in hybrid electric vehicles (PHEVs) up to 2,000cc

Electric buses and trucks

E-bikes

EV chargers and charging stations

Solar panels/photovoltaic cells

Solar inverters

Lithium batteries

Lithium battery packs

Battery Energy Storage Systems (BESS)

Solar panel mounting structures

Home appliances

Electric cookers

Induction cookers

Infrared cookers

Water purifiers

Water heaters and geysers

Other products

Smart cards and bank cards

Sewerage Treatment Plants (STPs)

Mortuary equipment

Synthetic woven fabrics

Musical instruments such as guitars, pianos and violins

Cinematographic cameras and related parts

Skincare and beauty products

Jewellery

SIM cards

Locally manufactured products

Mobile phones

Refrigerators

Freezers

Air conditioners

Washing machines

ATMs

CCTV systems