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Union Budget 2023-24: Know cheaper, dearer items details here

Union Budget 2023: Union Finance Minister, Nirmala Sitaraman presented Budget 2023 on Wednesday. She announced to apply tax and customs duty on certain items. The government reduced the tax and custom duties on cars, smartphones, TVs and several other goods. On the other hand, the govt increased tax on nonessential items as well. According to […]

Edited By : News24 Desk | Updated: Feb 9, 2023 11:40 IST
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Union budget 2023

Union Budget 2023: Union Finance Minister, Nirmala Sitaraman presented Budget 2023 on Wednesday. She announced to apply tax and customs duty on certain items. The government reduced the tax and custom duties on cars, smartphones, TVs and several other goods. On the other hand, the govt increased tax on nonessential items as well.

According to the media report, the rate of few non-essential materials would be hiked in this budget 2023. Private jets, helicopters, jewellery, high end electronic items, high gloss paper and vitamins are likely to get costlier in this fiscal year.

Also Read :-UNION BUDGET 2023: FINANCE MINISTER ALLOCATES 5,300 CR TO POLL-BOUND KARNATAKA

Custom duty on cigarettes increased: FM Nirmala Sitharaman#UnionBudget2023

— ANI (@ANI) February 1, 2023

Dearer items 

Single or multiple loudspeakers

Headphones and earphones

Umbrella

Imitation Jewellery

Solar cells

Solar modules

X-ray machines

Parts of electronic toys

Cheaper items 

Clothes

Mobile phone chargers

Frozen mussels

Frozen squids

Cocoa beans

Methyl alcohol

Cut and polished diamonds

Also Read :-BUDGET 2023: GOVT BRINGS ONE-TIME SMALL SAVINGS PLAN FOR WOMEN, OFFERS 7.5% RATE

According to the media reports, the Center’s subsidies for food and fertiliser would be reduced by $17 billion in the Union Budget 2023–24.

Read More :- Latest India News

 

First published on: Feb 01, 2023 01:22 PM IST

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