Budget 2018: Complete details of what is costly and cheaper
Synopsis
Here is the complete details of what has become costly and what has become cheaper in the Budget 2018
Finance Minister Arun Jaitley presents the Budget for 2018-19 in Parliament on Thursday with revised fiscal deficit target of 3.5% of GDP at Rs 5.95 lakh crore for the current fiscal and 3.3 percent for Financial Year 2018-19. The cap on personal tax has not changed but there is not much difference in the facilities for salaried class. However, as usual the salaries of parliamentarians have increased. Here are the complete details of the materials which have become costly and which have become cheaper.
Costly
- Cars and motorcycles
- Mobile phones
- Silver
- Gold - Silver
- Imitation jewellery
- Vegetable, fruit juices, including orange and cranberry
- Sunglasses
- Miscellaneous food preparations other than soya protein
- Perfumes and toilet waters, sunscreen, suntan, manicure, pedicure preparations
- Preparations for oral dental hygiene, denture fixative
- Pastes and powders; dental floss
- Pre-shave, shaving or after-shave preparations,
- Deodorants, bath preparations, depilatories, perfumery, scent sprays and similar toilet sprays
- Truck and bus radial tyres
- Silk fabrics
- Footwear
- Coloured gemstones
- Diamonds
- Smart watches/wearable devices
- LCD/LED TV panels
- Furniture
- Mattresses
- Lamps
- Wrist watches, pocket watches, clocks
- Tricycles, scooters, pedal cars, wheeled toys, dolls
- Carriages, dolls, toys, puzzles of all kinds
- Video game consoles
- Articles and equipment for sports or outdoor games
- Swimming pools and paddling pools
- Cigarette and other lighters, candles
- Kites
- Edible/vegetable oils such as olive oil, groundnut oil
Cheaper
- Raw cashew nuts
- Solar tempered glass or solar tempered glass used for manufacture solar panels/modules
- Raw materials, parts or accessories used in making cochlear implants
- Select capital goods and electronics such as ball screws and linear motion guides