Budget 2016: Here's what's cheaper and what's dearer!

Here is the list of things/commodities that will be cheaper or dearer.

Budget 2016: Here's what's cheaper and what's dearer!

Zee Media Bureau

Finance Minister Arun Jaitley on Monday presented the Union Budget 2016-17, his third after taking over the helm of the Finance Ministry under the PM Modi-led NDA government.

Following the budget, a series of products such as 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.

Following is a list of items that will turn costlier:

> Cars

> Cigarettes, cigar, tobacco, paper rolled beedis and gutaka

> All services like bill payments, eating out, air travel

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

> Gold and Silver; jewelery articles excluding silver

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

> Goods and services above Rs 2 lakh in cash

> Aluminum foil

> Air Travel

> Plastic bags and sacks

> Ropeway, cable car rides

> Imported imitation jewellery

> Industrial solar water heater

> Legal services

> Lottery tickets

> Traveling by hiring stage carriage

> Hiring of packers & movers

> E-reading devices

> Instruments for VoIP (Voice over Internet Protocol)

> Imported Golf Cars

> Gold bars

Following is a list items that will turn cheaper:

> Footwear

> Solar lamp

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

> Hybrid electric vehicles

> Sterilised dialyser

> Low cost houses with less than 60 sq mt carpet area

> Hiring of folk artists for performance

> Refrigerated containers

> Pension plans

> Microwave ovens

> Sanitary pads

> Braille paper

 

With PTI Inputs

By continuing to use the site, you agree to the use of cookies. You can find out more by clicking this link

Close