Budget 2016: Here's the list of what's cheaper & what's dearer

New Delhi: Cars, cigarettes, branded garments, air travel will become more expensive, while footwear, solar lamps and routers are slated to becheaper following a host of changes in the tax structure in the Budget for
budget 2016 here s the list of what s cheaper...
PTI February 29, 2016 18:58 IST

New Delhi: Cars, cigarettes, branded garments, air travel will become more expensive, while footwear, solar lamps and routers are slated to be
cheaper following a host of changes in the tax structure in the Budget for 2016-17.

As a result of additional levy of Krishi Kalyan cess on all services, activities including eating out and payment of bills will also become more expensive.

Continuing the trend set by his many predecessors, Finance Minister Arun Jaitley on Monday imposed up to 15 per cent excise duty on all tobacco products. Following is a list of items that will turn costlier:

Following is a list of items that will turn costlier:

  1.  Cars
  2.  Cigarettes, cigar, tobacco, paper rolled beedis and gutaka
  3.  All services like bill payments, eating out, air travel
  4.  Ready made garments and branded apparel of more than Rs 1,000
  5.  Gold and Silver; jewelery articles excluding silver
  6.  Water including mineral water, aerated water containing added sugar or sweetening matter
  7.  Goods and services above Rs 2 lakh in cash
  8.  Aluminum foil
  9.  Air Travel
  10.  Plastic bags and sacks
  11.  Ropeway, cable car rides
  12.  Imported imitation jewellery
  13.  Industrial solar water heater
  14.  Legal services
  15.  Lottery tickets
  16.  Traveling by hiring stage carriage
  17.  Hiring of packers & movers
  18.  E-reading devices
  19.  Instruments for VoIP (Voice over Internet Protocol)
  20.  Imported Golf Cars
  21.  Gold bars

Following is a list items that will turn cheaper:

  1.  Footwear
  2.  Solar lamp
  3.  Router, broadband modems and set top boxes, Digital video recorder and CCTV cameras
  4.  Hybrid electric vehicles
  5.  Sterilised dialyser
  6.  Low cost houses with less than 60 sq mt carpet area
  7.  Hiring of folk artists for performance
  8.  Refrigerated containers
  9.  Pension plans
  10.  Microwave ovens
  11.  Sanitary pads
  12.  Braille paper.
 
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