By Prakhar Sachdeo
Published July 23, 2024
CNBC-TV18.com
FM Nirmala Sitharaman on Tuesday July 23 presented the Budget for 2024-25. With the budget for 2024-25 announced here is a look at things that that are now cheaper and what has become expensive.
Things that are now cheaper
Govt has exempted 3 more cancer treatment drugs from Customs Duty.
Govt had reduced basic customs duty on mobile phones, mobile charger to 15 per cent
Govt proposes to expand list of exempted capital goods used in manufacturing of solar cells and panels
Govt reduces basic customs duty on shrimp to 5 per cent
Govt exempts customs duty on 25 critical minerals
Govt removes Basic Customs Duty on ferro nickle, blister copper
Govt proposes basic custom duty reduction on gold and silver to 6pc; platinum to 6.4pc
Things that are now cheaper
Govt increases basic customs duty to 15 pc from 10 pc on specified telecom equipments
Govt to raise customs duty on ammonium nitrate to 10 pc; 25 pc on non-biodegradable plastics