Budget 2014: What is gonna be Costlier & Cheaper?

Update: 2014-07-10 08:51 GMT
Union Finance Minister Arun Jaitley presented his maiden budget on Thursday keeping the common man whether its financial or health in mind.

What's Gonna Be Costlier From Now:

1) Cigarettes and other Tobacco Products (Excise Duty increased from 11% to 72%)

2) Soft Drinks

3) Imported Clothes

4) Radio Taxi Service


What's Gonna Be Cheaper From Now:

1) Mobiles

2) Computers

3) LCD TVs

4) Diamonds and Other Precious Stones

5) Soaps

6) Footwear

7) Oil


Other Major Decisions:

Income Tax Exemption raised from Rs 2 lakh to Rs 2.5 lakhs.

No Tax for Senior Citizens for income upto Rs 3 lakhs.

Tax Exemption Investment limit raised from Rs 1 lakh to Rs 1.5 lakh.

Tax Exemption on Home Loans raised from Rs 1.5 lakhs to Rs 2 lakhs.
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