RJ Market Watch
Budget 2019: What’s costlier, what’s cheaper
NEW DELHI: Finance minister Nirmala Sitharaman on Friday presented her maiden budget and the first of the Modi government in its second term.
Here is a list of items that are set to get costlier due to a hike in taxes or become cheaper once the Budget proposals come into effect.
Petrol and diesel
Cigarettes, hookah and chewing tobacco
Gold and silver
Fully-imported cars
Split air-conditioners
Loudspeakers
Digital video recorders
Imported books
CCTV cameras
Cashew Kernels
Imported plastics
Raw materials for manufacture of soap
Vinyl flooring, tiles
Optical fibre
Ceramic tiles and wall tiles
Imported stainless steel products
Imported auto parts
Newsprint and paper for newspaper and magazines
Marble slabs
Mountings for furniture
WHAT’S CHEAPER
Electric vehicle components
Camera module and charger of mobile phones
Set top box
Import of defence equipment, not manufactured in India
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Trent, a TATA subsidiary, launches lab-grown diamond brand ‘Pome,’ shares surge 7.67%
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Malabar Gold & Diamonds launches ‘Heritage Show’ in Mangalore, featuring jewellery inspired by Maharanis
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Savji Dholakia’s visionary water conservation project ‘Bharatmata Sarovar’ reinforces commitment to sustainability