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Budget 2012: What's cheaper and what's costlier

Finance Minister Pranab Mukherjee proposing to raise excise duty to 12% from 10% and a similar hike in service tax rate.

Budget 2012: What's cheaper and what's costlier

A large variety of day-to-day usage items and services will burn a hole in the common man's pocket with Finance Minister Pranab Mukherjee proposing to raise excise duty to 12% from 10% and a similar hike in service tax rate.

Following is a list of what will be costlier and which ones will be cheaper following the Budget 2012-13.

Costlier:
Two-wheelers, cars, commercial vehicles.

Refrigerators, air-conditioners, washing machines, watches

Soaps, cosmetics, homecare items,

Cigarettes and bidis,

Packaged food items

Pan masala and chewing tobacco

Unbranded precious metal jewellery

Imported luxury vehicles

Imported bicycles and bicycle parts

Imported digital still cameras

Imported gold bars and coins of certain categories, platinum

Imported cut and polished coloured gem stones

Air travel, eating out at restaurants and hotel stays

Not all is gloomy as the Budget has also made some items
and activities cheaper.

Cheaper:
Mobile phone parts

Branded silver jewellery

Branded garments

Imported LCD and LED TV panels of over 20 inch

Matches

Footwear below Rs500

Adult diapers

Soya protein food products,

Probiotics

Writing instruments

Imported medical equipment.

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