![\"Union](\"https:\/\/c.ndtvimg.com\/2023-02\/7sn8on38_gold-bars_625x300_01_February_23.jpg\"\/ "\\"Union")
<\/div>\nBasic customs duty was hiked on articlesmadefromgoldbars.<\/p>\n<\/div>\n
Union Finance Minister Nirmala Sitharaman today presented the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections.<\/p>\n
Ms. Sitharaman’s budget speech outlined which items would be cheaper and which would be more expensive.<\/p>\n
Here is a list of products that are set to get cheaper or more expensive:<\/p>\n
Things that are set to be costlier:<\/strong><\/p>\n Articles made from gold bars Things that will become cheaper:<\/strong><\/p>\n Parts for mobile phones\u00a0 This year’s Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024. The budget session of the Parliament began on Tuesday with the President’s address, followed by tabling of the Economic Survey for 2022-23. The formal exercise to prepare the annual Budget for the next financial year (2023-24) commenced on October 10.<\/p>\n The Economic Survey said India’s GDP is expected to grow in the range of 6 to 6.8 per cent in the coming financial year 2023-24. This is in comparison to the estimated 7 per cent this fiscal and 8.7 per cent in 2021-22.<\/p>\n The Economic Survey said that India’s economic recovery from the Covid pandemic is complete and the economy is expected to grow in the range of 6 per cent to 6.8 per cent in the coming financial year 2023-24. This is in comparison to 7 per cent this fiscal and 8.7 per cent in 2021-22.<\/p>\n (With inputs from agencies)<\/em><\/p>\n <\/span><\/p>\n
Cigarettes
Imitation Jewellery
Silver\u00a0
Electric kitchen chimney
Imported bicycles and toys
Electronic vehicle imports<\/p>\n
Parts for TV panels
Machinery for lithium ion batteries
Raw materials for EV industry<\/p>\nFeatured Video Of The Day<\/h3>\n