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Budget 2014: What is gonna be Costlier & Cheaper?
By: Tupaki Desk | 10 July 2014 8:51 AM GMTUnion 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.
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.