Accordingly a large number of items including cigarettes, chewing tobacco along with imported products, like edible oils, fans, table, footwear, electric vehicles, tableware, kitchenware, toys and furniture are set to become more expensive due to hike in taxes proposed in the Union Budget for 2020-21. Meanwhile on the other hand, newsprint, sports goods, the microphone will become cheaper as Finance minister nirmala sitharaman proposed reduction in duties on these items in the Budget for 2020-21.
Also following is a list of imported items that will become costlier following the announcements in the Budget: Accordingly butter ghee, butter oil, edible oils, peanut butter, Whey, meslin, maize, sugar beet seeds, preserved potatoChewing gum, dietary soya fibre, isolated soya protein. Walnuts (shelled)Footwear, shavers, hair clippers, hair-removing appliances. Tableware, kitchenware, water filters, glasswareHousehold articles of porcelain or chinaRubies, emeralds, sapphires, rough coloured gemstones, Padlocks. Hand sieves and hand riddlesCombs, hairpins, curling pins, curling grips, hair curlers, Table fans, ceiling fans and pedestal fans, Portable blowersWater heaters and immersion heatersHair dryers, hand drying apparatus and electric irons.
Moreover food grinders, ovens, cookers, cooking plates, boiling rings, grillers and roastersCoffee and tea makers and toastersElectro-thermic fluid heaters, devices for repelling insects and electric heating resistorsFurniture, lamps and lighting fittingsToys, stationery item, artificial flowers, bells, gongs, statuettes, trophiesPrinted Circuit Board assembly (PCBA) of cellular mobile phones, display panel and touch assembly, fingerprint readers for use in cellular mobile phonesThe government has proposed to hike the Excise duty on cigarettes, hookah, Chewing tobacco, Jarda scented tobacco and Tobacco extracts and essence.