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
