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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.
The Quint
India
Updated:
Image used for representation. (Photo: iStock)
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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
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)
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