Indian Budget 2015 : What is Costlier and Cheaper Full Details

NEW DELHI, FEB 28:  

Smoking and consumption of other tobacco items will be more expensive, while an increase in service tax rate would make costlier a whole lot of other activities including air travel, eating out and paying bills. Continuing the trend set by his many predecessors, Finance Minister Arun Jaitley today came down heavily on smokers and tobacco consumers with a steep increase in excise rate in tax proposals in Budget 2015-16.

While increase in service tax rate to 14 per cent would make a whole lot of things more expensive, he spared the common man from price hikes on many commonly used day-to-day items by keeping the duties unchanged.

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

You will pay more for

Cigarettes and other tobacco products

Completely built imported commercial vehicles

Cement

Aerated, flavoured drinks and packaged water

Plastic bags and sacks

Business and executive class air travel

Visit to amusement and theme park

Music concerts

Liquor, chit fund and lottery

You will pay less for

Leather footwear priced above Rs 1,000 per pair

Locally made mobile phones, LED/LCD panels, LED lights and LED Lamps

Solar Water heater Pacemakers, ambulance and ambulance services

Computer tablets

Agarbattis

Microwave ovens

Refrigerator compressors

Peanut butter, packaged fruits and vegetables

Visit to museum, zoo and national park