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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Wide Angle4 weeks agoIndia has overtaken China to become second largest diamond market: De Beers CEO Al Cook
- Daily News1 month ago
US-based private equity firm Advent International to acquire Orra Fine Jewellery, say media reports
- Exclusive2 months ago
The House of Rose debuts in Mumbai with a 21,000 sq. ft. experiential concept space showcasing fine jewellery and luxury watch brands
- Wide Angle1 month ago
Eminent jeweller Viren Bhagat sets up first global boutique in London’s Mayfair
