Budget 2024: Gold, silver and mobile phones got cheaper, which things got expensive, read the full list
23 july 2024
Big news World Country State City Politics game Entertainment Business Technology Education crime lifestyle Horoscope Religion Recipe Strange and wonderful Fake news Current Affairs Other DOWNLOAD APP FROM FOLLOW US ON Home , Country , Gold, silver and mobile phones cheaper,… Budget 2024: Gold, silver and mobile phones got cheaper, which things got expensive, read the full list 23 July 2024 1:11 PM BCD on mobile chargers and others reduced by 15% Custom duty on gold and silver reduced Telecom equipment will now be expensive Digital Desk, New Delhi. Finance Minister Nirmala Sitharaman on Tuesday presented the first Union Budget 2024 of Modi 3.0 in Parliament. In this budget, she announced many such policies which will affect the prices of various commodities for the common man. The Finance Minister has announced to make mobile phones cheaper. Along with this, cancer medicine will now be available at a cheaper price and lithium ion batteries will also be cheaper to reduce the prices of electric vehicles.
In this budget, the custom duty on gold and silver has been reduced to 6%. Apart from this, custom duty on leather and footwear has been reduced. But the custom duty on telecom equipment has been increased to 15%. What became cheaper and what became costlier in this budget? Let’s know…
what became cheaper – Finance Minister Sitharaman said, I propose to reduce BCD on mobile phones and mobile PCBS and mobile chargers to 15%. In the budget, the duty on mobiles and accessories was reduced to 15 percent. – The Union Finance Minister said, “Three medicines for cancer treatment will be exempted from basic customs duty. Basic customs duty has been exempted on this. – In the Budget, the Finance Minister has proposed to expand the list of exempted capital goods used in the manufacture of solar panels. – In the new budget, custom duty on gold and silver has been reduced to 6% and on platinum to 6.4%. – Basic customs duty on ferro nickel and blister copper has been removed.
what became expensive – Government increased the basic customs duty on certain telecom equipment from 10% to 15%. – PVC- Increase has been made from 10 to 25% to reduce imports. – Import duty on plastic products has been increased. – Petrochemicals- Custom duty on ammonium nitrate has been increased. – Cigarettes will be even more expensive now. – Air travel will also become expensive now.