Union Budget 2025: Check Out Things That Got Cheaper And Costlier
By Anshika Verma01, Feb 2025 03:20 PMjagranjosh.com
Union budget 2025
Nirmala Sitharaman, Finance Minister of India presented the budget 2025 in the Parliament, New Delhi on 1 February. Check Out Things That Got Cheaper And Costlier.
Mobile Phones (Cheaper)
Smartphones are set to become more affordable as 28 more mobile battery components are now exempt from import duty.
Medicines & Critical Drugs (Cheaper)
Basic Customs Duty has been removed on 37 medicines and 36 critical drugs for cancer and rare diseases, making healthcare affordable.
Raw Materials & Shipbuilding (Cheaper)
Key raw materials like cobalt, LED components, lithium-ion battery scrap, and shipbuilding materials now have tax exemptions, lowering costs.
Handicrafts & Leather (Cheaper)
A new support scheme will boost handicraft exports, while wet blue leather is now tax-free, benefiting the leather industry.
Interactive Flat Panels (Costlier)
Interactive flat panel displays will cost more as customs duty has been increased from 10% to 20%.
information credit
This information is sourced from a credible website that is The Hindu.