18 C
New Delhi
Thursday 21 November 2019
Economy Cheaper, dearer things post-Budget 2019

Cheaper, dearer things post-Budget 2019

The budget affected rate of many items ,things like electric vehicle & camera will be cheaper while for petrol & deisel, you have to pay more.


- Advertisment -

Subscribe to our newsletter

You will get all our latest news and articles via email when you subscribe

The email despatches will be non-commercial in nature
Disputes, if any, subject to jurisdiction in New Delhi

New Delhi: The Narendra Modi government today proved a tax-happy government that sought to Budget several welfare projects using ordinary citizens’ money. The Finance Minister Nirmala Sitharaman on Friday hiked tax on petrol and diesel, raised import duty on gold, levied an additional surcharge on super rich and brought a tax on high-value cash withdrawals as she sought to spur growth with a reduction in corporate tax and sops to the housing sector, startups and electric vehicles.

This Modi 2.0 government’s budget proposed a number of changes to levies several items. Here are the lists of things that will cost more and less.

Budget 2019: Things that will be cheaper

1: Set-top boxes

2: Imported parts of electric vehicles

3: Electric vehicles

4: Camera module and charger of mobile phones

5: Affordable houses

6: Imported defence equipment

7: Imported raw material for the manufacture of artificial kidneys

8: Imported wool fibre, wool tops

Things that will be expensive

1: Cigarettes, hookah and chewing tobacco

2: Cash withdrawal over Rs. 1 crore/year

3: Split air-conditioners

4: Diesel

5: Petrol

6: Imported auto parts

7: Imported stainless steel products

8: Imported gold and precious metals

9: Imported paper and paper products including printed books

10: Imported loud-speakers, the indoor and outdoor unit of split AC

11: Imported plugs, sockets, switches

12: CCTV cameras, IP cameras, digital video recorders

13: Loudspeakers

14: Imported cashew kernels

15: PVC

16: Vinyl flooring

17: Metal fittings

18: Marble slabs

19: Ceramic tiles and wall tiles

20: Mountings for furniture

21: Optical fibre

22: Raw materials for the manufacture of soap

23: Fully-imported cars

Presenting the maiden budget of Modi 2.0 government in Lok Sabha, Sitharaman, the first full-time woman Finance Minister, proposed measures to ease liquidity crisis facing shadow banking sector (NBFCs) and providing Rs 70,000 crore capital to public sector banks while seeking to raise additional resources through privatisation of some PSUs.

In a relief to taxpayers, she provided for an additional deduction of Rs 1.5 lakh on interest paid on loans borrowed up to 31 March 2020 on purchase of a house up to Rs 45 lakh.


Leave a Reply


Anil Ambani: From Status Of Tycoon To Insolvency

Study the career of Anil Ambani, and you will get a classic case of decisions you ought not take as a businessman and time you better utilise

तवलीन सिंह, यह कैसा स्वाभिमान?

‘जिस मोदी सरकार का पांच साल सपोर्ट किया उसी ने मेरे बेटे को देश निकाला दे दिया,’ तवलीन सिंह ने लिखा। क्या आपने किसी क़ीमत के बदले समर्थन किया?

Rafale: One Embarrassment, One Snub For Opposition

Supreme Court accepts Rahul Gandhi's apology for attributing to it his allegation, rejects the review petition challenging the Rafale verdict

Guru Nanak Jayanti: What First Sikh Guru Taught

While Guru Nanak urged people to 'nām japo, kirat karo, vand chhako', he stood for several values while he also fought various social evils

Muhammed Who Inconvenienced Muslims

Archaeologist KK Muhammed had earlier got on the nerves of the leftist intelligentsia for exposing their nexus with Islamic extremists
- Advertisement -


JEE: Why no Bangla, asks CM; you opted out, reminds guv

The JEE used to be conducted in English alone for a long time. Then they added Hindi. This year, Gujarati is a regional language in which questions can be answered

NRC across India, says Shah; not in West Bengal, retorts Banerjee

Home Minister Amit Shah said the NRC exercise would be undertaken across India, but Bengal CM Mamata Banerjee wouldn't allow it in her State

CISF nabs Raja Babu-style ‘pilot’ during his 16th impersonation

Rajan Mahbubani, after being arrested by CISF and handed to Delhi Police, confessed he had a fetish for masquerading as various professionals

The cumin in your kitchen may be spurious

Delhi Police has busted a gang that made fake cumin, sourcing raw material from UP and selling the spurious product in Gujarat and Rajasthan

Pollution: MPs dump other Indians in favour of farmers

Farmers dominated Manish Tewari's arguments in the debate on pollution in Delhi-NCR though stubble disposal machines are subsidised already

You might also likeRELATED
Recommended to you

For fearless journalism

%d bloggers like this: