Union Budget 2016 – List of Products Getting Costlier/Cheaper

Finance Minister Arun Jaitely have announced the Union Budget 2016. Here, we share a list of products that will turn costlier and a list of items that will become cheaper in the coming year.


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Products That Have Become Costlier Post Union Budget 2016

– Tobacco, Cigarettes, Paper Rolled Beedis, guthka and cigar (As usual)

– Air travel

–  Branded Apparel which is more than Rs. 1,000 

– Silver and Gold. Jewelry Articles excluding Silver

– Water including aerated water containing sweetner or added sugar and mineral water.

– Services and Goods Above Rs 2 lakh in cash

– Services Like Eating Out

– Instruments for VoIP (Voice over Internet Protocol)

– Plastic sacks and Bags

– Cable car rides and Ropeway

– Imitation Jewelry (Imported)

– Solar water heater (Industrial)

– Legal services

– Traveling by hiring stage carriage

– Hiring Packers & Movers

– Electronic Reading devices

– Imported Golf Cars

– Lottery Tickets

– Gold Bars

Products That Have Become Cheaper Post Union Budget 2016

– Low cost houses with less than 60 sq mt carpet area

– Footwear

– Hiring folk artists for performance

– Braille Paper

– Solar Lamp

– Broadband Modems, Router, and Set top boxes 

– CCTV cameras and Digital video recorder

– Hybrid Electric Vehicles

– Sterilised Dialyser

– Refrigerated Containers

– Pension Plans

– Microwave Ovens

– Sanitary pads

Source and Reference:

DNA, Economic Times

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