Union Budget 2024: Know what gets cheaper and what becomes expensive
india-news Jul 23 2024
Author: Roshni Tamta Image Credits:Twitter
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Mobile phone components and accessories
As per the Union Budget 2024, mobile phone parts, and accessories like chargers and batteries will have a price reduction in the financial year of 2024-25.
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Solar Panels
FM Nirmala Sitharaman announced a reduction in the price of solar panels in the Union Budget 2024.
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Cancer medicines
As per the Union Budget 2024, three cancer treatment medicines will be get cheaper as they will be free from custom tax by government.
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Footwear and clothing
The Union Budget 2024 announced that there will be a price reduction in footwears and cloting items.
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Iron and copper scrap
As per the Union Budget 2024, iron scraps and copper scraps will also get cheaper.
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X-ray equipment
FM Sitharaman announced in the Union Budget 2024 that seceral medical equipments like X-ray equipment will get cheaper.
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Gold, silver, and platinum
As per the Union Budget 2024, the custom duty on gold and silver will be reduced to 6% and for latinum it will be redcued to 6.4%.
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Telecom equipment
As per the Union Budget 2024, the basic customs duty will be increased from 10% to 15% on speicfied telecom equipment.
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Plastic products
The custom duty will be increased under the Union Budget 2024.