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Union Budget

Representative image

Union budget: Find out what gets costlier and cheaper

India Blooms News Service | @indiablooms | Feb 02, 2022, at 04:43 am

New Delhi/IBNS: Imported items and X-ray machines will get expensive as per the Union Budget presented by Finance Minister Nirmala Sitharaman on Tuesday.

On the other hand, chargers and cameras for phones, wearable techs like smartwatches, hearing aids, gemstones and diamond will get cheaper following the implementation of the budget.

Meanwhile, farming tools and smart meters, steel scraps and chemicals for petroleum refining will also see a reduction in price.

"Electronic manufacturing has been growing rapidly and customs duty rates are being calibrated to provide a graded rate structure to facilitate local manufacturing of wearable devices, hearable devices, and electronic smart meters," Sitharaman said in her speech.

What will get expensive:

Imported items
Imitation Jewellery
Speakers, headphones and earphones
X-ray machines
Umbrellas
Unblended fuel

What will get cheaper:

Chargers and cameras for phones
Wearable tech like smartwatches
Hearing aids
Gemstones and diamonds
Farming tools and smart meters
Cocoa beans and asafoetida
Frozen mussels and squids
Steel scraps
Chemicals for petroleum refining

#UnionBudget2022 #NirmalaSitharaman #AatmanirbharBharatKaBudget

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