New Delhi, July 5:A large number of items including petrol, diesel, gold, silver, cigarettes, fully-imported cars and split air conditioners (ACs) will become more expensive due to hike in taxes, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2019-20.
At the same time certain items such as electric vehicle components, camera module and charger of mobile phones and set-top boxes will become cheaper.
Following is a list of items that will become costlier:
Petrol and diesel
Cigarettes, hookah and chewing tobacco
Gold and silver
Fully-imported cars
Split air-conditioners
Loudspeakers
Digital video recorders
Imported books
CCTV cameras
Cashew Kernels
Imported plastics
Raw materials for manufacture of soap
Vinyl flooring, tiles
Optical fibre
Ceramic tiles and wall tiles
Imported stainless steel products
Imported auto parts
Newsprint and paper for newspaper and magazines
Marble slabs
Mountings for furniture
Following is the list of items that will become cheaper:
Electric vehicle components
Camera module and charger of mobile phones
Set top box
Import of defence equipment, not manufactured in India. — PTI
