India Budget 2021, Gold Cheaper and Mobile, Gadgets Expensive See What’s Cheaper, Expensive Now
New Delhi: The impacts of the Union Budget presented by Nirmala Sitharaman Indian Finance Minister on some goods can be felt immediately.
Certain items that have become cheaper includes gold and silver, while the items became costlier include solar cells and mobile phone.
Government on Monday has proposed to impose import duty on components of mobile phones and chargers in a bid enhance local value addition.
The Budget 2021 has proposed 2.5 per cent customs duty on printed circuit board assembly (PCBA), commonly known as motherboard, camera module, connectors, parts, and sub-parts to manufacture lithium-ion battery and battery pack with effect from April 1.
Here is a brief list of what is going to be Expensive and what’s Cheaper:
Cheaper
- Gold and silver
- Leather goods
- Nylon clothes
- Iron, steel, and copper items
Costlier
- Imported auto parts.
- Solar cells
- Mobile phones and chargers
- Imported gems and precious stones.
- Imported air-conditioner and fridge compressors.
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