Union Finance Minister Arun Jaitley presented Budget for the financial year 2017-2018 and right after that leaders of various parties are praising or criticising the budget according to the affiliations. At the same time economists and analysts are analysing the pros and consequences of the budget and the long term and short term affect on the economy. 


However lay man donot understand all this and they look into how they are benefiting from the budget. As expected few changes are made in the income tax slab. Personal income tax in Rs 2.5 lakh - 5 lakh bracket has been reduced to 5 per cent from 10 per cent.

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New budget as usual turning some goods costlier while at the same time turning few more cheaper. Here are the following costlier and cheaper goods. 

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GOODS TURNING COSTLIER
Cigarettes, pan masala, cigar, cheroots, bidis, chewing tobacco
LED lamp components
Cashew nuts (roasted and salted)
Aluminium ores and concentrates
Polymer coated MS tapes used in manufacturing of optical fibres
Silver coins and medallions
Printed circuit board used in making mobile phones


GOODS TURNING CHEAPER
Booking railway tickets online
RO membrane elements for household usage
LNG
Solar tempered glass used in solar panels
Fuel cell based power generating systems
Wind operated energy generator
Vegetable tanning extracts used in making leather products
POS machines card and fingerprint readers
Group insurance for Defence services


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