Union Budget 2024: 6 Essentials That Became Cheaper
Akash Yadav
23-07-2024, 13:30 IST
www.herzindagi.com
The 2024 Union Budget was unveiled on July 23 by Finance Minister Nirmala Sitharaman. Here is a list of essential items that have become cheaper or more expensive. Tap to check!
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Gold And Silver
Wearing gold and silver jewellery may get cheaper now as there has been a cut in custom duty on gold and silver from 10% to 6%.
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Mobile Phones
The basic customs duty (BCD) on mobile phones has been reduced. Also, the duty on printed circuit designs and chargers has been cut down to 15%.
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Essential Medicines
Three lifesaving cancer medicines have been exempted from the list of basic customs duties. Also, the duty on X-ray tubes have been reduced.
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Solar Goods
The Finance Minister has proposed to expand the list of raw materials used in making solar panels. This will make it more affordable.
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Sea Food
Eating seafood may get cheaper as under the new budget regime the custom duty on shrimp and fish has been reduced to 5%.
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Telecom Components
The Basic Customs Duty on certain specified telecommunication equipment has increased to 15%. This might increase the telecom price.
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Information Credit
This information has been taken from a trusted financial news website, Economic Times.
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