Budget 2021-22: What gets costlier and what gets cheaper

 Finance Minister Nirmala Sitharaman presented the Union Budget 2021 on Monday, February 1, 2021.

Take a look at what’s costlier and what is cheaper after the finance minister’s proposals:

WHAT IS MORE EXPENSIVE:

• Mobiles phones

• Cess imposed on Petrol and Diesel. However, the good news is that prices for petrol and diesel won't change because or reduction in other duties.

• Electronics items

• Chargers

• Alcoholic beverages

• Crude palm oil

• Crude soyabean, sunflower oil

• Gems

• Pulses

• Specified fertilisers (Urea)

• Auto parts

• Apples

• Coal, ignite, and peat

• Peas

• Kabuli chana

• Bengal gram/chick peas

• lentil (mosur)

• Cotton (not carded or combed)

WHAT IS CHEAPER:

• Gold

• Silver. The custom duty on gold and silver will be rationalised to bring them closer to previous levels. This will reduce the prices of the precious metals.

• Iron

• Steel

• Leather goods

• Nylon clothes

• Copper items

• Insurance

• Electricity

• Shoes