Budget 2016: What’s got cheaper and what’ll drill holes in pockets

Folomojo
Deepu Aby Varghese Deepu Aby Varghese folomojo staff

As a result of implementation of additional levy of Krishi Kalyan and infrastructure cess on almost all commodities and services, activities including eating out will become costlier.

Cars, cigarettes, air travel and branded chair will as usual see a surge in prices, while footwear, solar lamps, braille paper and modem routers will become cheaper with a series of tax structure in the Budget 2016.

Finance minister Arun Jaitley has imposed a tax hike of up to 15 per cent on excise duty on all tobacco products.

Items that have gone cheaper

  1. Footwear
  2. Solar lamps
  3. Routers, broadband modems and set top boxes, digital video recorders and CCTV cameras
  4. Hybrid electric vehicles
  5. Sterilised dialysers
  6. Low cost houses with less than 60 sq m carpet area
  7. Hiring of folk artists for performance
  8. Refrigerated containers
  9. Pension plans
  10. Microwave ovens
  11. Sanitary pads
  12. Braille paper

Items that have become costlier

  1. Cars
  2. Cigarettes
  3. Cigar
  4. Tobacco
  5. All services like bill payments, eating out, air travel
  6. Ready-made garments and branded apparel of more than Rs 1,000
  7. Gold and silver jewellery articles excluding silver
  8. Water including mineral water, aerated water containing added sugar or sweeteners
  9. Goods and services above Rs 2 lakh in cash
  10. Aluminium foil
  11. Air Travel
  12. Ropeway, cable car rides
  13. Imported imitation jewellery
  14. Industrial solar water heater
  15. Legal services
  16. Lottery tickets
  17. Travelling by hiring stage carriages
  18. Hiring of packers & movers
  19. E-reading devices
  20. Instruments for VoIP (Voice over Internet Protocol)
  21. Imported Golf Cars
  22. Gold bars
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Budget2016 Brief: Here’s a brief look at how it benefits the common man