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:
Medical equipment Catalytic converters
Cigarettes, tobacco products
Tableware/kitchenware made of porcelain or China ceramic
Parts of commercial vehicles, other than EVs
Agro-animal based products
Certain alcoholic beverages
Customs duty on import of newsprint, lightweight coated paper to 5 per cent
Purified terephthalic acid (PTA).
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