Budget 2019: What got cheaper & what got costlierThe Budget 2019 has made some things cheaper, while for some the price tag have gone only upwards. The fluctuating cost of everyday useful materials burden the common people, as they calculate their expenses with a keen interest. Here is a list of things that have experienced a change of fortune after Finance Minister Nirmala Sitharaman presented the Union Budget on Friday.
The cost of electrical appliances has become cheaper, while the cost of marble slabs and optical fibre cable have increased
CCTV camera, IP camera and Digital and network video recorders have become costlier. Photo credit: Pexels
Cost of metal fittings, mountings for furnitures, certain kinds of synthetic rubbers has been increased by Union Budget 2019. Photo credit: Pixabay
Tiles price increases
The Union Budget has raised basic custom duty which has in turnincreased the cost of tiles. Photo credit: DH Photos
Vinyl flooring gets costlier
The Union Budget has made Vinyl flooring costlier. Photo credit: Wikimedia.org
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Increase in cost of PVC
The increase in basic custom duty has made pvc costlier, despite the fact that pvc piper are much in demand in India. Photo credit: DH Photos
Imported books get costlier
The government has raised the basic customs duty resulting in the rise in price of imported books. Photo credit: AFP
Let go of the cars and walk to the destination
The Union Budget 2019 has increased the cost of automobile parts. Time to start walking? Photo credit: Reuters
A healthy move?
A decision that is bound to evoke mixed reactions from different communities as Union Budget 2019 hikes cigarette prices. Photo credit: Reuters
Time for Electric vehicles as its gets cheaper
Government has moved GST council to lower the GST rate on electric vehicles(EV) from 12% to 5%. Also to make EVs affordable for consumers, governmentwill provide additional income tax deduction of 1.5 lakh rupees on the interest paid on the loans taken to purchase EVs. Photo credit: Reuters
No cashew?
The Union Budget has made Cashew kernels costlier. Photo credit: Getty images
Gold moves up the cost chart
Finance Minister Nirmala Sitharaman proposed to increase custom duty on gold & other precious metals from 10% to 12.5%. Photo credit: AFP
Now, petrol and diesel will make bigger holes in the pockets
Finance Minister Nirmala Sitharaman proposed to increase special additional excise duty and road and infrastructure cess each one by 1 rupee a litre on petrol and diesel. A move that can send shivers down the spine of a common man.