Print Friendly, PDF & Email

For any middle-class citizen of Indian, the presentation of Union Budget by Finance Minister in the Parliament normally means an expected wait for a ‘cheaper / costlier’ list, that says them if they will be available to afford the refridgerator or car they need this year or if their box of cigarettes will ignite a bigger hole in their wallets.

For the very first time since Union Budget commenced in 1860, nothing is probably to go cheap or costly after the budget announcement as there is no custom excise duty to hike or dedut. Ever since the govt. has launched Goods and Services Tax, the only consumer product remain in the purview of custom excise duty are petrol, diesel & other petroleum goods.

This budget is also the Modi government’s biggest competetion in four years. Consumer goods presently go cheaper or costlier when GST Council fixes to do so in its usual meetings.

What layman can see from the budget is a alter in affordability in terms of rised income. The Union Budget still cruelly sets on how much of your hard-garnered money goes into tax cuts. So if the government fixes to ease the exemptions / decrease taxes in different structure, you might, after all, be able to buy your dream car or washing machine or fridge.

  • Aluminum Ores & Concentrates
  • Bidis
  • Cashew Nuts
  • Cheroots
  • Chewing Tobacco
  • Cigar
  • Cigarettes
  • Fingerprint Readers
  • Fuel Cell
  • Insurance
  • Led Lamp Components
  • Lng
  • Online Railway Tickets
  • Pan Masala
  • Polymer Coated Ms Tapes
  • Pos Machines Card
  • Printed Circuit Board
  • Ro Membrane Elements
  • Silver Coins & Medallions
  • Solar Tempered Glass
  • Vegetable Tanning Extracts
  • Wind Operated Energy Generator

Leave a Reply

Your email address will not be published. Required fields are marked *