November 23, 2024 01:51 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Third World War has begun:' Ex-Ukraine military commander-in-chief Valery Zaluzhny | UK-India Free Trade Agreement negotiations to resume in early 2024 | UK can arrest Benjamin Netanyahu if he visits country based on ICC warrant | Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma
Union budget: Find out what gets costlier and cheaper
Union Budget
Representative image

Union budget: Find out what gets costlier and cheaper

| @indiablooms | 01 Feb 2022, 11:13 pm

New Delhi/IBNS: Imported items and X-ray machines will get expensive as per the Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday.

On the other hand, chargers and cameras for phones, wearable techs like smartwatches, hearing aids, gemstones and diamond will get cheaper following the implementation of the budget.
 
Meanwhile, farming tools and smart meters, steel scraps and chemicals for petroleum refining will also see a reduction in price.
 
"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," Sitharaman said in her speech.
 
What will get expensive:
 
  • Imported items
  • Imitation Jewellery
  • Speakers, headphones and earphones
  • X-ray machines
  • Umbrellas
  • Unblended fuel
What will get 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

 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.