Budget 2022: What’s CHEAPER, What gets COSTLIER; Check Full List Here

Insight Bureau:  The Union Cabinet headed by Prime Minister Narendra Modi on Tuesday approved the Budget 2022-23. The Budget was presented by Finance Minister Nirmala Sitharaman in the Lok Sabha.

The budget includes the medium-term fiscal policy cum fiscal policy strategy statement, outcome framework for schemes, customs notification, implementation of previous Budget announcements, receipt budget, expenditure budget and statement of budget estimates.

Here is the full list of what got cheaper and what got costlier.

CHEAPER

Clothes

Gemstones and Diamonds

Custom duties on chemicals needed for petroleum products

Steel scraps

Mobile phones

Mobile phone chargers

Farming goods

COSTLIER

Duty on Umbrellas increased

All imported items

Parts of electronic toys

Imitation jewellery

Single or multiple loudspeakers

Headphones and earphones

Solar cells

Solar modules

X-ray machines

Presenting the Union Budget, Finance Minister Nirmala Sitharaman on Tuesday said that overall sharp rebound and recovery of the economy is reflective of India’s strong resilience.