What’s cheaper, what’s dearer after Arun Jaitley's Budget?

11:11 pm

What’s cheaper, what’s dearer after Arun Jaitley's Budget?

Check out the list of items getting cheaper and costlier for you post Budget 2016 announced by Finance Minister Arun Jaitley.

Water pumps: Cheaper

Budget proposal Excise duty on electric motor, shafts, sleeve, chamber, impeller, washer required for the manufacture of centrifugal pump being reduced to 6%.

Travel by ropeway, cable car or aerial tramway: Cheaper

Budget proposal exemption to the services of transport of passengers, by ropeway, cable car or aerial tramway being withdrawn from 14 percent.

Solar Lamp : Cheaper

Exempt from excise duty from 12.5%

Paper: Cheaper

Basic customs duty on wood in chips or particles for manufacture of paper, paperboard and news print being reduced.

Set top box: Cheaper

Parts and components, subparts for manufacture of Routers, broadband Modems, Set-top boxes for gaining access to internet, set top boxes for TV,digital video recorder (DVR)/network video recorde (NVR), CCTVcamera/IP camera, lithium ion battery.

Microwaves : Cheaper

Nil basic customs duty being extended on magnetron of capacity of 1 KW to 1.5 KW for use in manufacture of domestic microwave ovens.

Branded Clothes : Costlier

Excise duty on branded readymade garment and made up articles of textiles of retail sale price of Rs 1000 or more being changed.

Footwear: Costlier

LCD/LED/OLED Panels: Cheaper

Jewellery: Costlier

Basic Customs Duty (BCD) imitation jewellery being increased to 15% from 10%.

Cigarettes

Costly: Average excise duty be hiked above 15%

Restaurants

Costly

Autos

Costly

Gold jewellery

Costly

LCD/LED/OLED Panels

Cheaper

Bottled/Mineral Water

Costly

Clothes

Costly

Excise duty on branded readymade garment and made up articles of textiles of retail sale price of Rs 1000 or more being changed.

Footwear

Costly

Microwaves

Cheaper

Set top box

Cheap

Parts and components, subparts for manufacture of Routers, broadband Modems, Set-top boxes for gaining access to internet, set top boxes for TV,digital video recorder (DVR)/network video recorde (NVR), CCTVcamera/IP camera, lithium ion battery.

Solar Lamp

Cheaper

Exempt from excise duty from 12.5%

Water pumps

Cheaper

Budget proposal Excise duty on electric motor, shafts, sleeve, chamber, impeller, washer required for the manufacture of centrifugal pump being reduced to 6%.

Travel by ropeway, cable car or aerial tramway

Cheaper

Budget proposal Exemption to the services of transport of passengers, by ropeway, cable car or aerial tramway being withdrawn from 14 percent.

Source : moneycontrol.com 

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