Zee Media Bureau
Finance Minister Arun Jaitley on Monday presented the Union Budget 2016-17, his third after taking over the helm of the Finance Ministry under the PM Modi-led NDA government.
Following the budget, a series of products such as 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.
Following is a list of items that will turn costlier:
> Cars
> Cigarettes, cigar, tobacco, paper rolled beedis and gutaka
> All services like bill payments, eating out, air travel
> Ready made garments and branded apparel of more than Rs 1,000
> Gold and Silver; jewelery articles excluding silver
> Water including mineral water, aerated water containing added sugar or sweetening matter
> Goods and services above Rs 2 lakh in cash
> Aluminum foil
> Air Travel
> Plastic bags and sacks
> Ropeway, cable car rides
> Imported imitation jewellery
> Industrial solar water heater
> Legal services
> Lottery tickets
> Traveling by hiring stage carriage
> Hiring of packers & movers
> E-reading devices
> Instruments for VoIP (Voice over Internet Protocol)
> Imported Golf Cars
> Gold bars
Following is a list items that will turn cheaper:
> Footwear
> Solar lamp
> Router, broadband modems and set top boxes, Digital video recorder and CCTV cameras
> Hybrid electric vehicles
> Sterilised dialyser
> Low cost houses with less than 60 sq mt carpet area
> Hiring of folk artists for performance
> Refrigerated containers
> Pension plans
> Microwave ovens
> Sanitary pads
> Braille paper
With PTI Inputs
