Union Budget 2019: What’s Costlier, What’s Cheaper

Petrol, diesel, gold, silver, cigarettes, fully-imported cars and split ACs will get get costlier due to tax hike.

The Quint
India
Updated:
Image used for representation. (Photo: iStock)
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Image used for representation. (Photo: iStock)
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Video Producer: Hera Khan

Video Editor: Mohd. Ibrahim

A large number of items including petrol, diesel, gold, silver, cigarettes, fully-imported cars and split air conditioners (ACs) will become more expensive due to hike in taxes, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2019-20.

At the same time, certain items such as electric vehicle components, camera module and charger of mobile phones and set-top boxes will become cheaper.

WHAT’S COSTLIER

  • Petrol and diesel
  • Cigarettes, hookah, chewing tobacco and other tobacco products
  • Gold and other precious metals
  • Fully imported cars
  • Split air-conditioners
  • Loudspeakers
  • Digital camera/video recorder
  • Imported books
  • CCTV cameras
  • Cashew kernels
  • Imported plastics
  • Raw materials for manufacture of soap
  • Vinyl flooring, tiles
  • Optical fibre
  • Ceramic tiles and wall tiles
  • Imported stainless steel products
  • Imported auto parts
  • Newsprint and paper for newspaper and magazines
  • Marble slabs
  • Mountings for furniture
  • Charger/ power adapter of CCTV camera/IP camera

WHAT’S CHEAPER

  • Electric vehicle components
  • Camera module and charger of mobile phones
  • Set top box
  • Import of defence equipment, not manufactured in India
  • Naphtha, wool fibres, inputs for manufacture of artificial kidney and disposable sterilised dialyser, and fuels for nuclear power plants.

(With inputs from PTI)

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Published: 05 Jul 2019,05:45 PM IST

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