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Spend more or save more - Budget dose

CSSwati Rawat
Tax Changes Increase Costs for Vehicles, Electronics, Jewelry; Make Cashew Nuts, Fuel, and Solar Glass Cheaper The article outlines items affected by recent budget tax proposals, highlighting products that will become more expensive, including vehicles, electronics, jewelry, and various personal care items. Conversely, it notes that raw cashew nuts, petrol, diesel, solar tempered glass, materials for cochlear implants, and certain capital goods and electronics will become cheaper. The changes reflect adjustments in taxation impacting consumer goods and raw materials, influencing spending and saving decisions. (AI Summary)

WhatGetsCostlier

- Cars and motorcycles
- Mobile phones
- Silver
- Gold
- Vegetable, fruit juices, including orange and cranberry
- Sunglasses
- Miscellaneous food preparations other than soya protein
- Perfumes and toilet waters
- Sunscreen, suntan, manicure, pedicure preparations
- Preparations for oral dental hygiene, denture fixative, pastes and powders; dental floss
- Pre-shave, shaving or after-shave preparations,
- Deodorants, bath preparations, depilatories, perfumery
- Scent sprays and similar toilet sprays
- Truck and Bus radial tyres
- Silk Fabrics
- Footwear
- Coloured gemstones
- Diamonds
- Imitation jewellery
- Smart watches/wearable devices
- LCD/ LED TV panels
- Furniture
- Mattresses
- Lamps
- Wrist watches, pocket watches, clocks
- Tricycles, scooters, pedal cars, wheeled toys, dolls, carriages, dolls, toys, puzzles of all kinds
- Video game consoles
- Articles and equipment for sports or outdoor games, swimming pools and paddling pools
- Cigarette and other lighters, candles
- Kites
- Edible/vegetable oils such as olive oil, groundnut oil

WhatWillGetCheaper
- Raw cashew nuts
- Petrol
- Diesel
- Solar tempered glass or solar tempered glass used for manufacture solar panels/modules
- Raw materials, parts or accessories used in making cochlear implants
- Select capital goods and electronics such as ball screws and linear motion guides. 

Budget - Tax Proposals
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