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What’s cheaper, what’s dearer after Arun Jaitleys Budget?

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Check out the list of items getting cheaper and costlier for you post Budget 2016 announced by Finance Minister Arun Jaitley.

Water pumps:  Cheaper

Budget proposal Excise duty on electric motor, shafts, sleeve, chamber, impeller, washer required for the manufacture of centrifugal pump being reduced to 6%.

Travel by ropeway, cable car or aerial tramway:  Cheaper

Budget proposal exemption to the services of transport of passengers, by ropeway, cable car or aerial tramway being withdrawn from 14 percent.

Solar Lamp : Cheaper

Exempt from excise duty from 12.5%

Paper: Cheaper

Basic customs duty on wood in chips or particles for manufacture of paper, paperboard and news print being reduced.

Set top box:  Cheaper

Parts and components, subparts for manufacture of     Routers, broadband Modems, Set-top boxes for gaining  access to internet, set top boxes for TV,digital video  recorder (DVR)/network video recorde (NVR),  CCTVcamera/IP camera, lithium ion battery.

Microwaves :  Cheaper

Nil basic customs duty being extended on magnetron of capacity of 1 KW to 1.5 KW for use in manufacture of domestic microwave ovens.

Branded Clothes :  Costlier

Excise duty on branded readymade garment and made up articles  of  textiles of retail sale price of Rs 1000 or more being changed.

Footwear:  Costlier

LCD/LED/OLED Panels:  Cheaper

Jewellery:  Costlier

Basic Customs Duty (BCD) imitation jewellery being increased to 15% from 10%.

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