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RJ Market Watch

Budget 2019: What’s costlier, what’s cheaper

Published

5 years ago

on

July 5, 2019

By

Retail Jeweller India

RJI

Post Views: 473

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.

WHAT’S COSTLIER

Petrol and diesel

Cigarettes, hookah and chewing tobacco

Gold and silver

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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

Courtesy: Retail.Economictimes.Indiatimes.com

Related Topics:Budget 2019 Budget proposals cheaper costlier finance minister Modi Government Nirmala Sitharaman taxes

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