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    Budget 2020: List Of Things That Got Dearer, Cheaper

    Now, a common man will have to pay more for buying imported shoes and furniture

    Union Finance Minister Nirmala Sitharaman on February 1st, 2020 presented the Union Budget 2020. A large number of items, including cigarettes, tobacco products, medical equipment among others will become dearer now. 

    On the other hand, items such as raw sugar, certain alcoholic beverages, agro-animal based products, Tuna bait, skimmed milk among others will become cheaper.

    Here’s the list:

    DEARER

    • Cigarettes, Tobacco products
    • Footwear
    • Furniture
    • Medical equipment
    • Wall fans
    • Kitchenware, tableware: Customs duty on tableware, kitchenware made of porcelain or China ceramic, clay iron, steel, copper doubled to 20%.

    CHEAPER

    • Imported newsprint, lightweight coated paper
    • Purified terephthalic acid (PTA)
    • Raw Sugar
    • Agro-animal based products
    • Tuna bait
    • Skimmed milk
    • Certain alcoholic beverages
    • Soya fibre, soya protein

    Photo credit: justicepays.com

    Published:

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