Budget 2018: Complete details of what is costly and cheaper

money | Thursday, February 1st, 2018
Team Asianet Newsable
Highlights
  • 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

  1. Cars and motorcycles
  2. Mobile phones
  3. Silver
  4. Gold - Silver
  5. Imitation jewellery
  6. Vegetable, fruit juices, including orange and cranberry
  7. Sunglasses
  8. Miscellaneous food preparations other than soya protein
  9. Perfumes and toilet waters, sunscreen, suntan, manicure, pedicure preparations
  10. Preparations for oral dental hygiene, denture fixative
  11. Pastes and powders; dental floss
  12. Pre-shave, shaving or after-shave preparations,
  13. Deodorants, bath preparations, depilatories, perfumery, scent sprays and similar toilet sprays
  14. Truck and bus radial tyres
  15. Silk fabrics
  16. Footwear
  17. Coloured gemstones
  18. Diamonds
  19. Smart watches/wearable devices
  20. LCD/LED TV panels
  21. Furniture
  22. Mattresses
  23. Lamps
  24. Wrist watches, pocket watches, clocks
  25. Tricycles, scooters, pedal cars, wheeled toys, dolls
  26. Carriages, dolls, toys, puzzles of all kinds
  27. Video game consoles
  28. Articles and equipment for sports or outdoor games
  29. Swimming pools and paddling pools
  30. Cigarette and other lighters, candles
  31. Kites
  32. Edible/vegetable oils such as olive oil, groundnut oil

 

Cheaper

  1. Raw cashew nuts
  2. Solar tempered glass or solar tempered glass used for manufacture solar panels/modules
  3. Raw materials, parts or accessories used in making cochlear implants
  4. Select capital goods and electronics such as ball screws and linear motion guides
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