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Union Budget 2024 Costlier and Cheaper Items
It is a ready reckoner that helps you calculate how the Budget impacted your daily and monthly budget. You can quickly refer to it to know what’s become more expensive and what perhaps is now cheaper. With a simple click of a mouse you get a detailed analysis of all the items that have seen price increase over the past 5 Budgets. This is particularly useful in understanding the incremental increase in your daily budget as a result of these announcements and what can be tweaked. Additionally, it helps you chart out patterns and get clarity on the cost trends with historical reference..
Budget 2023-24 Costlier cheaper items
Costlier
Gold, Silver and Diamonds
Platinum items
Gold bars
Imitation jewellery
Cigarette
Kitchen electric chimney
Compounded rubber
Copper scrap
Cheaper
Lithium Batteries
Electric Vehicles
Mobile Phones
Toys
Bicycles
Chimney Heat Coil
Seeds used in manufacturing of lab grown diamonds
Budget 2023-24 Costlier cheaper items
Costlier
Gold, Silver and Diamonds
Platinum items
Gold bars
Imitation jewellery
Cigarette
Kitchen electric chimney
Compounded rubber
Copper scrap
Cheaper
Lithium Batteries
Electric Vehicles
Mobile Phones
Toys
Bicycles
Chimney Heat Coil
Seeds used in manufacturing of lab grown diamonds
Budget 2022-23 Costlier cheaper items
Costlier
Imitation Jewellery
Speakers
Headphones and earphones
Solar cells and modules
X-ray machines
Umbrellas
Unblended petrol and diesel
Parts of electronic toys
Smart meters
Cheaper
Hearing aids
Chargers and cameras for phones
Tech wearables like smartwatches
Cut and polished diamonds
Gemstones
Farming tools
Cocoa beans
Asafoetida
Frozen mussels and squids
Budget 2021-22 Costlier cheaper items
Costlier
Petrol & Diesel
Electronic items
Mobile Phones
Crude palm oil, soyabean & sunflower oil
Apples, Peas, Kabuli Chana, Bengal Gram/Chick peas, Lentil
Cotton
Raw Silk and silk yarn
Denatured ethyl alcohol for manufacture of excisable goods
Prawn Feed
Fish feed
Flours, meals & pellets of fish, molluscs
Maize Bran
Carbon Black
Polycarbonates
Leather, crust leather, finished leather of all kinds
Gemstones
Tunnel Boring Machines
Metal products Screws, Nuts
Compressor of Refrigerator & Air Conditioner
Inputs and parts of LED lights
Lamps
Solar Inverters, lanterns or lamps
Cheaper
Naphtha
Caprolactam
Nylon Chips
Nylon fabric
Iron and Steel melting scrap
Primary/Semifinished products of nonalloy steel
Copper Scrap
Components or parts for aircraft manufacture by PSUs for Ministry of Defence
Platinum
Pallidum
Waste & Scrap of Precious Metals
Gold and silver
Shoes
Insurance
Budget 2020-21 Costlier cheaper items
Costlier
Butter ghee, butter oil, edible oils, peanut butter
Whey, meslin, maize, sugar beet seeds, preserved potato
Chewing gum, dietary soya fibre, isolated soya protein
Walnuts (shelled)
Footwear, shavers, hair clippers, hair-removing appliances
Tableware, kitchenware, water filters, glassware
Household articles of porcelain
Rubies, emeralds, sapphires, rough coloured gemstones
Padlocks
Hand sieves and hand riddles
Combs, hairpins, curling pins, curling grips, hair curlers
Table fans, ceiling fans and pedestal fans
Portable blowers
Water heaters and immersion heaters
Hair dryers, hand drying apparatus and electric irons
Food grinders, ovens, cookers, cooking plates, boiling rings, grillers and roasters
Coffee and tea makers and toasters
Electro-thermic fluid heaters, devices for repelling insect and electric heating resistors
Furniture, lamps and lighting fittings
Toys, stationery item, artificial flowers, bells, gongs, statuettes, trophies
PCBA for mobile phones, display panels and touch assembly, fingerprint reader
Cheaper
Sport goods
Microphones
Pure-bred breeding horse
Newspaper C
Electronic vehicles
Budget 2019-20 Costlier cheaper items
Costlier
Petrol and Diesel
Metal Filling
Auto Parts
Cashew Kernel
CCTV Cameras
Cigarettes Hookha Chewing Tobacoo
Fully Imported Cars
Split Air conditioners
Loud Speakers
Digital video recorders
Imported Plastic
Imported Books
Raw Material for Manufacturing of Soap
Vinyl Flooring
Tiles
Optical Fibre
Ceramic, Wall Tiles
Imported Stainless Steel products
Imported Auto Parts
NewsPrint Paper for Newspaper and Magazine
Marble Slabs
Mounting for Furniture
Cheaper
Electric Vehicles
Electric Vehicles Components
Electronic Application
Set up Box
Charger of Mobile Phones
Import of Defence equipments
Budget Videos
Market
Personal Finance
Costlier Cheaper FAQ’s:
What is the Union Budget and when it is presented?
The Budget is a key financial document presented by the Finance Minister outlining the Government’s Financial Policy on February 1 every year. The Budget outlines both the payable and the receivable component of the Government and a key document that gives a true reflection of the country’s financial health. It gives a projection of the growth targets that aims to achieve balanced economic growth of the country. The Budget also looks into addressing People’s expectation and announces new policies that the Government aims to introduce.
What is interim Budget?
The Interim Budget is a temporary Budget that is announced during the election year. Typically this Budget is announced for a short period spanning from 2 to 4 months of any fiscal year. While the Union Budget is for the entire fiscal year, the interim Budget is relevant only till a new government is sworn in to power. The Interim Budget normally does not have too many future projections and normally has summary of the expenses and income of the previous year.
What’s costlier and cheaper in Budget?
Typically the budget announcement leads to difference in prices. Many commonly used items become more expensive for the consumers while some become cheaper. It is normally the outcome of the various taxes levied on the goods segments and the rollback in duties that would be announced during the Budget.
What is fiscal deficit?
The Fiscal deficit of a country is calculated by subtracting the total revenue obtained by the government in a fiscal year from the total expenditures that it incurred during the same period. For the current fiscal year, the government has put forth a budgetary target of achieving the 5.9 per cent fiscal deficit goal for FY24.
