Budget 2024: What Got Cheaper and What Got Costlier

The Union Budget 2024 has significantly changed the prices of various goods, affecting consumers and businesses alike. Key takeaways from the budget include a decrease in prices for essential items such as solar sets, mobile phones, and cancer medicines. Gold, silver, and platinum have also seen a price drop, making investments in precious metals more appealing.

On the flip side, items such as plastic goods, air travel, and cigarettes have become more expensive, potentially impacting household budgets and travel plans. The budget also saw a rise in costs for petrochemicals, ammonium nitrate, and PVC, which could have broader implications for industries reliant on these materials.

These changes reflect the government's focus on promoting sustainable and essential goods while discouraging the consumption of less eco-friendly products. To navigate these shifts effectively, stay informed and plan your finances accordingly.

HDFC Securities is here to help you with your investments and portfolio management. With their expertise, you can make informed decisions and optimise your financial planning to adapt to these budgetary changes.

Disclaimer: This article has been produced on behalf of the brand by HT Brand Studio. The content is for information purposes only and does not constitute financial advice.