Finance Minister Arun Jaitley secured the common man from rising prices by keeping duties on commonly used basic items unchanged. Moreover, he increased the trouble for smokers and tobacco consumers, with a higher increase in the excise rate of up to 72% on tax proposals in Budget 2014-15.
The best part is that the Finance Minister has not made too many hopeful promises, therefore, the scope of disappointment is less.
Various items of Budget 2014-15 that will be cheaper and costlier
Cheaper
- CRT television
- LED/LCD TVs especially below 19 inch
- Footwear priced vary from Rs 500 to Rs 1,000 per pair
- Soaps
- E-book readers
- Desktop, laptops, and tablets
- RO based water purifiers
- LED Lights, fixtures and lamps
- Preforms of precious and semi-precious stones
- Sports Gloves
- Branded petrol
- Matchbox
- Life micro-insurance policies
- HIV/AIDS drugs and diagnostic kits
- DDT insecticides
Expensive
- Cigarettes
- Aerated drinks with sugar
- Pan masala
- Gutka and chewing tobacco
- Jarda scented tobacco
- Radio Taxi
- Imported electronic products
- Portable X-ray machines
- Half-cut/broken diamonds
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