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Budget 2016: Here's the list of what's cheaper & what's dearer

Date 29-Feb-2016
Subject Budget 2016: Here's the list of what's cheaper & what's dearer


NEW DELHI: Cars, cigarettes, branded garments, air travel will become more expensive, while footwear, solar lamps and routers are slated to be cheaper following a host of changes in the tax structure in the Budget for 2016-17.

As a result of additional levy of Krishi Kalyan and infrastructure cess on all services, activities including eating out and payment of bills will also become more expensive.

Continuing the trend set by his many predecessors, Finance Minister Arun Jaitley today imposed up to 15 per cent excise duty on all tobacco products.

Following is a list of items that will turn costlier:

1.Cars

2.Cigarettes

3.Cigar

4.Tobacco

5.Paper rolled beedis and gutaka

6.All services like bill payments, eating out, air travel

7.Ready made garments and branded apparel of more than Rs 1,000

8.Gold and Silver; jewelery articles excluding silver

9.Water including mineral water, aerated water containing added sugar or sweetening matter

10.Goods and services above Rs 2 lakh in cash

11.Aluminum foil

12.Air Travel

13. Plastic bags and sacks

14.Ropeway, cable car rides

15.Imported imitation jewellery

16.Industrial solar water heater

17.Legal services

18.Lottery tickets

19.Traveling by hiring stage carriage

20.Hiring of packers & movers

21.E-reading devices

22. Instruments for VoIP (Voice over Internet Protocol)

23.Imported Golf Cars

24. Gold bars

Following is a list items that will turn cheaper: 

1.Footwear

2.Solar lamp

3.Router, broadband modems and set top boxes, Digital video recorder and CCTV cameras

4.Hybrid electric vehicles

5.Sterilised dialyser

6.Low cost houses with less than 60 sq mt carpet area

7.Hiring of folk artists for performance

8.Refrigerated containers

9.Pension plans

10.Microwave ovens

11.Sanitary pads

12.Braille paper. 

Source:  Economictimes.indiatimes.com

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