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Cars, Fridges, ACs Costlier, LCD TVs, Cellphones Cheaper

New Delhi, Mar 16: A large variety of day-to-day usage items and services will burn a hole in the common man's pocket with Finance Minister Pranab Mukherjee proposing to raise excise duty to 12 per

PTI [ Updated: March 16, 2012 19:15 IST ]
cars fridges acs costlier lcd tvs cellphones cheaper
cars fridges acs costlier lcd tvs cellphones cheaper

New Delhi, Mar 16: A large variety of day-to-day usage items and services will burn a hole in the common man's pocket with Finance Minister Pranab Mukherjee proposing to raise excise duty to 12 per cent from 10 per cent and a similar hike in service tax rate.


Following is a list of what will be costlier and which ones will be cheaper following the Budget 2012-13.

Costlier:

> Two-wheelers, cars, commercial vehicles
> Refrigerators, air-conditioners, washing machines, watches
> Soaps, cosmetics, homecare items
> Cigarettes and bidis
> Packaged food items
> Pan masala and chewing tobacco
> Unbranded precious metal jewellery
> Imported luxury vehicles
> Imported bicycles and bicycle parts
> Imported digital still cameras
> Imported gold bars and coins of certain categories, platinum
> Imported cut and polished coloured gem stones
> Air travel, eating out at restaurants and hotel stays

Not all is gloomy as the Budget has also made some items and activities cheaper.

Cheaper:

> Mobile phone parts
> Branded silver jewellery
> Branded garments
> Imported LCD and LED TV panels of over 20 inch
> Matches
> Footwear below Rs 500
> Adult diapers
> Soya protein food products
> Probiotics
> Writing instruments
> Imported medical equipment

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