WHAT GETS CHEAPER AND WHAT'S COSTLIER?

Union Finance Minister Nirmala Sitharaman today presented the Union Budget 2023, the fifth budget of Modi 2.0 Govt.

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The government proposes to increase income tax rebate limit from ₹5 lakh to ₹7 lakh in the new tax regime.

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There are six income slabs in the new tax regime. No tax will be charged on income up to 3 lakh rupees.

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Mobile Phones to get Cheaper in India as Govt reduces Import Duty on spare parts to boost local manufacturing.

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Television sets will now be cheaper as the custom duty on open cell is reduced to 2.5% from 5%.

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Raw materials for the electric vehicle industry and machinery for Lithium-ion batteries will now be cheaper.

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Smoking will prove to be an expensive habit as Government has increased customs duty on cigarettes by 16%.

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Kitchen items like electric chimneys are set to get expensive as customs duty increased to 15% from current 7.5%.

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Gold, platinum, and silver jewelry will get costlier as Customs Duty on these precious metals has been increased.

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Clothes get costlier as the the custom duty on textiles is increased in the Union Budget 2023.

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Fully imported cars, including EVs, will cost more as duties increased to 70% from current 60%.

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iPhone 15 Series: All Details Leaked

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WHAT GETS CHEAPER AND WHAT'S COSTLIER?

BUDGET 2023

KNOW EVERYTHING

Union Finance Minister Nirmala Sitharaman today presented the Union Budget 2023, the fifth budget of Modi 2.0 Govt.

BUDGET 2023

The government proposes to increase income tax rebate limit from ₹5 lakh to ₹7 lakh in the new tax regime.

BUDGET 2023

There are six income slabs in the new tax regime. No tax will be charged on income up to 3 lakh rupees.

NEW SLABS

Mobile Phones to get Cheaper in India as Govt reduces Import Duty on spare parts to boost local manufacturing.

CHEAPER

Television sets will now be cheaper as the custom duty on open cell is reduced to 2.5% from 5%.

CHEAPER

Raw materials for the electric vehicle industry and machinery for Lithium-ion batteries will now be cheaper.

CHEAPER

Smoking will prove to be an expensive habit as Government has increased customs duty on cigarettes by 16%.

COSTLIER

Kitchen items like electric chimneys are set to get expensive as customs duty increased to 15% from current 7.5%.

COSTLIER

Gold, platinum, and silver jewelry will get costlier as Customs Duty on these precious metals has been increased.

COSTLIER

Clothes get costlier as the the custom duty on textiles is increased in the Union Budget 2023.

COSTLIER

Fully imported cars, including EVs, will cost more as duties increased to 70% from current 60%.

COSTLIER

iPhone 15 Series: All Details Leaked

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