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Budget 2013-14: What Goes Up, What Goes Down

Finance Minister P Chidambaram has more or less spared items used by the common man from a price hike but the affluent will have to pay more following the tax proposals in the Budget 2013-14.

Following is a list of what will be costlier and cheaper:

Costlier

  • Mobile phone handsets priced above Rs 2,000
  • Sports Utility Vehicles
  • Imported cars and high-end vehicles priced over $40,000
  • Imported bikes with engine capacity of 800cc and above
  • Imported yatch and motorboats
  • Cigarettes
  • Dining at air-conditioned restaurants
  • Sales of immovable property worth over Rs 50 lakh
  • Home/flats with a carpet area of 2,000 sq ft or More or of a value of Rs 1 crore or more
  • Marbles for flooring
  • Silk clothes produced using imported raw materials,
  • Set top boxes
  • Parking fees


Cheaper

  • Branded apparels
  • Precious stones
  • Imported cheaper hazel nuts and dehulled oat grain
  • Sabudana (Tapioca Sago)
  • Truck Chasis
Emerging story. Watch this space for updates as more details come in
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