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Tag: budget changes in customs duties

Union Budget 2026: Soaps, detergents, umbrellas likely to turn expensive; customs processes to be simplified

Posted on February 1, 2026 By admin
Union Budget 2026: Soaps, detergents, umbrellas likely to turn expensive; customs processes to be simplified

Duties on umbrella parts, trimmings, and accessories will go up to 20% from 11%, or ₹25 per kg, raising the cost for domestic assemblers using imported inputs. | Photo Credit: Getty Images/iStockphotos   The Union Budget has removed Basic Customs Duty on quite a range of products but also raised the duty on some. It…

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