Budget 2020: Know What Got Costlier and What Cheaper 

Finance Minister Nirmala Sitharaman presented her second Budget today. She announced an increase in customs duty on imported footwear and furniture.

Yogita S.
Published on: 1 Feb 2020 10:12 AM GMT
Budget 2020: Know What Got Costlier and What Cheaper 
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Budget 2020: Know What Got Costlier and What Cheaper 

Finance Minister Nirmala Sitharaman presented her second Budget today. She announced an increase in customs duty on imported footwear and furniture. This union budget gave rexation to tax payers, students and Farmers especially. After completion of 2.5 hour long budget speech, oppostion parties started giving their reactions on the budget.

Here's list of things which got cheaper and costlier in the Union Budget 2020:

Costlier:

Medical equipment Catalytic converters

Footwear

Furniture

Cigarettes, tobacco products

Tableware/kitchenware made of porcelain or China ceramic

Clay iron

Steel

Copper

Parts of commercial vehicles, other than EVs

Skimmed milk

Soya fibre

Soya protein

Agro-animal based products

Certain alcoholic beverages

ALSO READ: Budget 2020 Live: India now 5th largest Economy Globally- Sitharaman

Cheaper:

Customs duty on import of newsprint, lightweight coated paper to 5 per cent

Purified terephthalic acid (PTA).

ALSO READ: What Opposition says on Budget 2020, know here

Yogita S.

Yogita S.

Media Graduate, News Editor and PR Enthusiast.

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