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Budget 2022: What is cheaper and what is costlier

Budget 2022: What is cheaper and what is costlier (Image: Pixabay)

New Delhi : Finance Minister Nirmala Sitharaman on Tuesday presented the union budget 2022-23, with this here is a list of things that will become costlier and cheaper.

"Electronic manufacturing has been growing rapidly and customs duty rates are being calibrated to provide a graded rate structure to facilitate local manufacturing of wearable devices, hearable devices, and electronic smart meters," Nirmala Sitharaman said in her budget speech.

Costlier

  • Imported items
  • Imitation Jewellery
  • Speakers, headphones and earphones
  • X-ray machines
  • Umbrellas
  • Unblended fuel

Cheaper

  • Chargers and cameras for phones
  • Wearable tech like smartwatches
  • Hearing aids
  • Gemstones and diamonds
  • Farming tools and smart meters
  • Cocoa beans and asafoetida
  • Frozen mussels and squids
  • Steel scraps
  • Chemicals for petroleum refining
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