Budget 2012 impact: What will be costlier and cheaper

A large variety of day-to-day usage items and services will burn a hole in the common man's pocket with Finance Minister Pranab Mukherjee proposing to raise excise duty to 12 per cent from 10 per cent and a similar hike in service tax rate.

Budget 2012 impact: What will be costlier and cheaper
NEW DELHI: A large variety of day-to-day usage items and services will burn a hole in the common man's pocket with Finance Minister Pranab Mukherjee proposing to raise excise duty to 12 per cent from 10 per cent and a similar hike in service tax rate.

Following is a list of what will be costlier and which ones will be cheaper following the Budget 2012-13.

Costlier:

>Two-wheelers, cars, commercial vehicles

> Refrigerators, air-conditioners, washing machines, watches

> Soaps, cosmetics, homecare items
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> Cigarettes and bidis

> Packaged food items

> Pan masala and chewing tobacco

> Unbranded precious metal jewellery
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> Imported luxury vehicles

> Imported bicycles and bicycle parts
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> Imported digital still cameras

> Imported gold bars and coins of certain categories, platinum

> Imported cut and polished coloured gem stones

> Air travel, eating out at restaurants and hotel stays


Budget at ET: Budget 2012 | Union Budget | Railway Budget 2012 | Budget News | Economic Survey | Live Union Budget Blog


Not all is gloomy as the Budget has also made some items and activities cheaper.

Cheaper:

> Mobile phone parts

> Branded silver jewellery

> Branded garments

> Imported LCD and LED TV panels of over 20 inch

> Matches

> Footwear below Rs 500

> Adult diapers

> Soya protein food products

> Probiotics

> Writing instruments

> Imported medical equipment
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