Budget 2017-18: The Cheaper & Expensives

budget speech by Finance Minister Arun Jaitley on Wednesday, Among products whose prices are set to soar up include gutkha, tobacco, cigarette, paan masala, cigar and cheroots.
 
INDORE, India - Feb. 1, 2017 - PRLog -- Finance Minister Arun Jaitley  presented  his budget speech for 2017-18 on Wednesday concluding with a quote - "When my aim is right, when my goal is in sight, my winds favour me and I fly".  However, his proposals on excise and customs duties will not result in any major loss or gain to the exchequer, the fine print suggests a host of items can become either cheaper or dearer.
Items such as LED lamps, solar panels, printed circuit boards for mobiles, micro ATMs, finger-print machines and Iris scanners will potentially become cheaper, whereas cigarettes and tobacco, bidis, pan masala, silver coins, goods imported through parcels, water filter membranes and cashew nuts will become dearer.
The items that will turn expensive:
Cigarettes, pan masala, cigar, cheroots, bidis, chewing tobacco, LED lamp components, Cashew nuts, Aluminum ores and concentrates, Polymer coated MS tapes used in manufacturing of optical fibres, Silver coins and medallions.
The items that will turn cheaper :
Booking railway tickets online, RO membrane elements for household usage, LNG, Solar tempered glass used for solar panels, Fuel cell oriented power generating systems, Wind operated energy generator, Vegetable tanning extracts used in making leather products, POS machines card and fingerprint readers and Group insurance for Defence services.

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Tags:Budget, Finance Minister, CHEAPER & EXPENSIVES
Industry:Financial
Location:Indore - Madhya Pradesh - India
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