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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