Union Budget 2019: What’s Costlier, What’s Cheaper

Petrol, diesel, gold, silver, cigarettes, fully-imported cars and split ACs will get get costlier due to tax hike.

Image used for representation. (Photo: iStock)

Video Producer: Hera Khan

Video Editor: Mohd. Ibrahim

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.

WHAT’S COSTLIER

• Petrol and diesel
• Cigarettes, hookah, chewing tobacco and other tobacco products
• Gold and other precious metals
• Fully imported cars
• Split air-conditioners
• Loudspeakers
• Digital camera/video recorder
• 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
• Charger/ power adapter of CCTV camera/IP camera

WHAT’S CHEAPER

• Electric vehicle components
• Camera module and charger of mobile phones
• Set top box
• Import of defence equipment, not manufactured in India
• Naphtha, wool fibres, inputs for manufacture of artificial kidney and disposable sterilised dialyser, and fuels for nuclear power plants.

(With inputs from PTI)