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Budget proposal exemption to the services of transport of passengers, by ropeway, cable car or aerial tramway being withdrawn from 14 percent.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