Budget 2016: Here’s the list of what’s cheaper & what’s dearer

NEW DELHI: Cars, cigarettes, branded garments, air travel will become more expensive, while footwear, solar lamps and routers are slated to be cheaper following a host of changes in the tax structure in the Budget for 2016-17.

As a result of additional levy of Krishi Kalyan and infrastructure cess on all services, activities including eating out and payment of bills will also become more expensive.

Continuing the trend set by his many predecessors, Finance Minister Arun Jaitl today imposed up to 15 per cent excise duty on all tobacco products.


Image Source : The Hindu.com


Following is a list of items that will turn costlier:





5.All services like bill payments, eating out, air travel

6.Ready made garments and branded apparel of more than Rs 1,000

7.Gold and Silver; jewelery articles excluding silver

8.Water including mineral water, aerated water containing added sugar or sweetening matter

9.Goods and services above Rs 2 lakh in cash

10.Aluminum foil

11.Air Travel

12. Plastic bags and sacks

13.Ropeway, cable car rides

14.Imported imitation jewellery

15.Industrial solar water heater

16.Legal services

17.Lottery tickets

18.Traveling by hiring stage carriage

19.Hiring of packers & movers

20.E-reading devices

21. Instruments for VoIP (Voice over Internet Protocol)

22.Imported Golf Cars

23. Gold bars

Following is a list items that will turn cheaper:


2.Solar lamp

3.Router, broadband modems and set top boxes, Digital video recorder and CCTV cameras

4.Hybrid electric vehicles

5.Sterilised dialyser

6.Low cost houses with less than 60 sq mt carpet area

7.Hiring of folk artists for performance

8.Refrigerated containers

9.Pension plans

10.Microwave ovens

11.Sanitary pads

12.Braille paper.
Article Source : http://economictimes.indiatimes.com/news/economy/policy/budget-2016-heres-the-list-of-whats-cheaper-whats-dearer/articleshow/51192830.cms

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