BUDGET –CHEAPER & COSTLIER
Money & Tax Rail Budget Economic Survey Know your FM
Know your tax, consumption dividends, GST and more.»
Know your Railways; passenger
fares, freight fares and more .»
Pegs Growth at 9%,
Food Prices a Worry ..»
Pranab Mukherjee -
Man of all seasons ..»
more news  more news  full story  full story 

BUDGET –CHEAPER & COSTLIER

Updated on Monday, February 28, 2011, 16:10 Print Email
Bookmark and Share
Zeebiz Bureau

New Delhi: Announcing the Union Budget for 2011-12 fiscal, Finance Minister Pranab Mukherjee on Monday, proposed to put 1% excise duty on 130 items which were earlier exempted from it. He also proposed to hike base excise duty to 5%. The service duty and excise duty will continue to stay at 15%.

The list of the items that will become cheaper and dearer are as under:

Cheaper
  • Basic food
  • Stainless steel
  • Refrigeration system
  • Mobile phones
  • Agriculture machinery-Tractors
  • Cement
  • Gas dispensers
  • Yarn/Raw silk
  • LED lights
  • Solar lanterns
  • Solar module cells
  • Hybrid fuel kits
  • Bio-based Asphalt
  • Printers
  • Paper
  • Battery driven vehicles
  • Home loans
  • Baby and Adult Diapers
  • Sanitary napkins
  • Homeopathic medicines
  • Soap
  • Cinematographic films
  • Ambulances
  • Non-branded Gold/Silver Jewellery
  • Medical syringes
  • Some Electronic components
  • Hosting Art Exhibitions
  • Equipment used in building roads and Highways
  • Pistachio nuts
  • Incense sticks


Dearer
  • Branded garments
  • Air travel (Rs 250 on international travel and Rs 50 on domestic travel)
  • Gold
  • Hotel accommodation charging tariff above Rs 1000
  • Air-conditioned Bars
  • Air conditioned private hospitals (Govt hospitals exempt)
  • Life Insurance
  • Legal services
 
 
Latest News
Pranab`s Budget worthy of our praise: Corporate America
No filing of tax returns if salary is only income
  more news 
Will Budget help to contain Price rise?
Videos
Watch: How to file income tax return online
Will Indian markets pull back from the impact of China?

 
 Funds & Fundamentals
 
2011-12 Budget Allocation   Critical Economic Data
 Opinion Poll
 
Will the govt able to reduce fiscal deficit to the targeted 4.6% next fiscal?
Yes
No
0