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Budget 2019: Have a look at what is getting more expensive

July 5: Finance Minister Nirmala Sitharaman on Friday presented her maiden budget in the first year of Prime Minister Narendra Modi’s second term. Addressing a press conference after presenting the Budget, Sitharaman said that focus of the Union Budget 2019-20 was on the overall development of economy and has been presented with a 10-year vision in mind.

The government announced an increase in the cess and excise duty each by 1 rupee per litre on petrol and diesel, and increased the customs duty on gold to 12.5 per cent from 10 per cent. Both the proposals meant purchase of commodities such as fuel and gold will become costlier going forward. Ms Sitharaman said a higher customs duty on gold and precious metals will mobilise resources. Besides, the government also raised the basic customs duty applicable to a range of products such as tiles, cashew kernels, vinyl flooring, auto parts, some synthetic rubber, digital and video recorder and CCTV camera.

Here’s a list of items that are set to get more expensive once the budget comes into effect:

Product Costlier
Alarm Clocks Costlier
Beauty, Makeup products Costlier
Bidi Costlier
Candles Costlier
Cars Costlier
Cell phone parts Costlier
Cigarette Costlier
Cigarette lighter Costlier
Coconut oil Costlier
Cranberry juice Costlier
Cut, polished coloured gemstones Costlier
Dental hygiene products Costlier
Diamonds Costlier
Diesel Costlier
Fishing rods, hooks Costlier
Footwear Costlier
Furniture Costlier
Gold Costlier
Ground nut oil Costlier
Imitation jewellery Costlier
Kites Costlier
Lamps, lighting fitting, illuminated signs Costlier
LCD/LED/OLED Costlier
Manicure, pedicure preparations Costlier
Mattress, bedding Costlier
Mobile Costlier
Motor vehicle accessories Costlier
Motorcycles Costlier
Olive oil Costlier
Orange juice Costlier
Pan Masala Costlier
Perfume Costlier
Petrol Costlier
Pocket watches Costlier
Refined vegetable oil(edible) Costlier
Saffola oil Costlier
Shaving products Costlier
Silk fabrics Costlier
Silver Costlier
Smart watches/wearable devices Costlier
Solar tempered glass Cheaper
Sports equipment Costlier
Stop watches Costlier
Sunglasses Costlier
Sunscreen, suntan Costlier
Toilet waters Costlier
Toothpaste Costlier
Toys Costlier
Truck, bus radial tyres Costlier
TV sets Costlier
Vegetable juices Costlier
Video games Costlier
Wrist watches Costlier

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