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.

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

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