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Budget 2012: What becomes costlier and cheaper

BT Online Bureau     March 16, 2012
Finance Minister Pranab Mukherjee proposed to raise excise duty to 12 per cent from 10 per cent and a similar hike in service tax rate while presenting the Union Budget 2012-13 on Friday.

A look at what things will be costlier and which ones will be cheaper following the Budget.

  • Two-wheelers
  • Cars
  • Commercial vehicles
  • Refrigerators
  • Air-conditioners
  • Washing machines
  • Watches
  • Soaps
  • Cosmetics
  • Homecare items
  • Cigarettes and bidis
  • Packaged food items
  • Pan masala and chewing tobacco
  • Unbranded precious metal jewellery
  • Imported luxury vehicles
  • Imported bicycles and bicycle parts
  • Imported digital still cameras
  • Imported gold bars and coins of certain categories, platinum
  • Imported cut and polished coloured gem stones
  • Air travel, eating out at restaurants and hotel stays
  • Mobile phone parts
  • Branded silver jewellery
  • Branded garments
  • Imported LCD and LED TV panels of over 20 inch matches
  • Footwear below Rs 500
  • Adult diapers
  • Soya protein food products
  • Probiotics
  • Writing instruments
  • Imported medical equipment

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