Budget 2017: Tobacco products to become costlier as Jaitley hikes tax

Jaitley, however, tried to make clean energy sources more affordable by cutting duties for solar tempered glass, fuel cell based power generating systems and wind operated energy generator

Budget 2017: Tobacco products to become costlier as Jaitley hikes tax

Finance Minister continued with his clampdown on cigarettes and tobacco products by increasing taxes in the General Budget which will have an adverse effect on the vast commune of smokers in India.

Jaitley, however, tried to make clean energy sources more affordable by cutting duties for solar tempered glass, fuel cell based power generating systems and wind operated energy generator.

According to Janta Ka reporter

, the commodities which will get expensive are

  •  Cigarettes, pan masala, cigar, cheroots, bidis, chewing tobacco

  • LED lamp components

  • Cashew nuts (roasted and salted)

  • Aluminium ores and concentrates

  • Polymer coated MS tapes used in manufacturing of optical fibres

  • Silver coins and medallions

  • Printed circuit board used in making mobile phones Following is a list items that will turn cheaper:

  • Booking railway tickets online

  • RO membrane elements for household usage

  • LNG

  • Solar tempered glass used in solar panels

  • Fuel cell based power generating systems

  • Wind operated energy generator

  • Vegetable tanning extracts used in making leather products

  • POS machines card and fingerprint readers

  • Group insurance for Defence services.