BUDGET 2023

WHAT'S CHEAPER, WHAT'S COSTLIER

Published By Akash Yadav | 01 Feb, 2023

FM Sitharaman on Wednesday presented the Union Budget for the fiscal year beginning April 2023

Here's is a list of items that will become cheaper and costlier in FY24

Basic customs duty hiked on articles made from gold bars

Customs duty on kitchen electric chimney increased to 15%  from 7.5%

Govt to reduce basic customs duty on seeds used in manufacturing of lab-grown diamonds

Govt to reduce customs duty on shrimp feed to promote exports

Govt to continue with concessional basic customs duty of 2.5 pc on copper scrap

Govt proposes to cap deductions from capital gains on investments in residential houses to  ₹10 crore

Custom duty on cigarettes increased