A large number of items will become more expensive due to hike in taxes, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2019-20.

At the same time certain items such as electric vehicle components, camera module and charger of mobile phones will become cheaper.

Following is a list of items that will become costlier:

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, Imported 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, IP camera, Digital video recorder, Network video recorder, Switches, Sockets, Plugs, Connectors, Relays, Imported PVC

Following is the list of items that will become cheaper:

Houses, Wool fiber, Electric Cars, Electric vehicle components, Camera module and charger of mobile phones, Set top box, Import of defence equipment, not manufactured in India, Naphtha

TAGS

Google News Add as a preferred source on Google
Disclaimer: Comments posted here are the sole responsibility of the user and do not reflect the views of Onmanorama. Obscene or offensive remarks against any person, religion, community or nation are punishable under IT rules and may invite legal action.