Gold, silver, platinum, mobile phones and cancer drugs are among the items likely to become cheaper with Finance Minister Nirmala Sitharaman announcing relaxation in duties her Union Budget 2024 speech on Tuesday.

Here’s what is likely to become cheaper:

• Mobile Phones: Basic customs duty on mobile phones and mobile chargers to be reduced to 15%
• Cancer Drugs: Three more cancer treatment drugs exempted from customs duty
• Seafood: Basic customs duty on certain brood stocks, shrimps and fish feed to be reduced to 5%
• Gold and Silver: Customs duties on gold and silver to be reduced to 6%
• Platinum: Customs duties on platinum to be reduced to 6.5%

Details to follow

Stay informed with our comprehensive coverage of Union Budget 2024. Get the latest on new income tax slab rates for AY 2024-25 in Income Tax Slabs Budget 2024 LIVE Updates . Track the impact of Budget 2024 on the stock market in Stock Market Budget Day 2024 LIVE Updates. Watch Union Budget LIVE Streaming here