Union Budget 2020 : What gets costlier and what gets cheaper ?
Finance Minister Nirmala Sitharaman has announced the budget for the upcoming fiscal starting April 1, 2020. Though budget brought joy to some sections, it has not really lived up to the expectations of the common man or market investors.
What gets costlier? (Increased cess /duty)
Imported medical equipment
Some alcoholic beverages
Agro-based animal products
Catalytic converters/some electrical products
Some automobile spare parts
What gets cheaper? (Decreased cess/duty)
Import of newsprint, lightweight coated paper reduced to 5%
Purified terephthalic acid