BUDGET –CHEAPER & COSTLIER
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BUDGET –CHEAPER & COSTLIER

Updated on Monday, February 28, 2011, 16:10 Print Email
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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
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 Your comment(s) on this article
I felt that Finance minister is not living in india and not know indian farmers and poors people problems. in last five years approx 2 lack farmers and others had sucide . but finance minister is sleeping.budget is not good 4 farmers, factory workers,poors peoples.
L.N.Sharma - Chandigarh
I felt that Finance minister is not living in india and not know indian farmers and poors people problems. in last five years approx 2 lack farmers and others had sucide . but finance minister is sleeping.budget is not good 4 farmers, factory workers,poors peoples.
L.N.Sharma - Chandigarh
Some people will never be happy in thier life. These people will only will say this budget is bad. If you see what will be cheaper, the first item is basic food. It is not enough for a common man? Really some media (e.g.Times now) will always find ways to talk ridiculous about this Government. Common Guys. Please be reasonable.
Samuel - Kuwait
budget is obiously good for rich man and those who earnig good for a common labour who works on daily wages, budget has no meaning for them, as they never was under tax slab so increasing tax slab by 1.5% where as inflation was bet ween 18% to 50% so sense has been used to compensate this and i am sure inflation will go on and on, now only as said by Mr. Pranab only lord can help common man
shailendra - Mumbai
i have faith over ``Pranab mukherjee`` ...The budget is average... thats ok...i have message for opposition party ``Dont complain everytime... and misguide the common people`` ``Try to promote whatever u got`` ....We the common people ,are thinking of ourself but `Pranab`` have thought for wholeself......
Ashim - asansol...west bengal
The Budget is most fruitfull and econimic for our general persons.
Debasish Kar - Kolkata
budget is not good 4 we young persons
ankit gopal tamakhuwala - SAHIBGANJ
income is 200000/- expences approx 130000/- investment 50000/- saving 30000/-
Abhishek Mahajan - Nagpur
i dont thnk d budget is vry much fruitful 2 us i.e 2 d common man.....
rimi - kolkata
At this time in India i was axpecting Union Budget to be like this . All thanks to MR.Pranab ,Mr.PM & Madam Soniya
Mr.Lipton Sarkar - Doha
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