Budget 2022: What is cheaper and what is costlier
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
