Union Budget 2017: What is cheaper and expensive now
While Prime Minister Narendra Modi called it�s an �uttam budget�, Congress Vice President Rahul Gandhi said that it lacked a clear vision and had nothing for the farmers, the youths and on job creation.
The combined budget for 2017-18, which was presented by Union Finance Minster Arun Jaitley in parliament on Wednesday, received both praises and criticism from different corners.
While Prime Minister Narendra Modi called it’s an ‘uttam budget’, Congress Vice President Rahul Gandhi said that it lacked a clear vision and had nothing for the farmers, the youths and on job creation.
Here is a list of what gets cheaper and what gets expensive in the new financial year.
Items that will turn costlier:
- Cigarettes, pan masala, cigar, cheroots, bidis, chewing tobacco
- Cashew nuts
- LED lamp components
- Aluminum 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
Items that will turn cheaper:
- Booking railway tickets online
- RO membrane elements for household usage
- Fuel cell based power generating systems
- Solar tempered glass used in solar panels
- POS machines card and fingerprint readers
- Wind operated energy generator
- Vegetable tanning extracts used in making leather products
- Group insurance for Defence services.