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Spend more or save more - Budget dose

CS Swati D Rawat
Tax rate changes in the budget raise duties on many consumer goods while easing levies on select fuels and inputs. Budget tax proposals increase indirect levies on a wide range of consumer goods-including vehicles, mobile phones, precious metals, textiles, footwear, food preparations, personal care products, furniture, electronics, watches, toys, sporting goods, select tyres and some edible oils-while reducing duties or providing concessions for petrol and diesel, raw cashew nuts, solar tempered glass for solar module manufacture, cochlear implant components, and select capital goods and precision electronic parts. (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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