A large number of items including petrol, diesel, gold, silver, cigarettes, fully-imported cars and split air conditioners (ACs) will become more expensive due to hike in taxes, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2019-20.
At the same time certain items such as electric vehicle components, camera module and charger of mobile phones and set-top boxes will become cheaper. Following is a list of items that will become costlier:
> Petrol and diesel
> Cigarettes, hookah and chewing tobacco
> Gold and silver
> Fully-imported cars
> Split air-conditioners
> Loudspeakers
> Digital video recorders
> Imported books
> CCTV cameras
> Cashew Kernels
> Imported plastics
> Raw materials for manufacture of soap
> Vinyl flooring, tiles
> Optical fibre
> Ceramic tiles and wall tiles
> Imported stainless steel products
> Imported auto parts
> Newsprint and paper for newspaper and magazines
> Marble slabs
> Mountings for furniture
Following is the list of items that will become cheaper:
> Electric vehicle components
> Camera module and charger of mobile phones
> Set top box
> Import of defence equipment, not manufactured in India.
Disclaimer: No Business Standard Journalist was involved in creation of this content
