Union Budget 2021: List of things that will become more expensive

Finance Minister Nirmala Sitharaman, while presenting the Union Budget for 2021-22, has announced an increase in duty on many items. Let’s have a look at the things that will become more expensive.

February 01, 2021 / 08:43 PM IST
In her Budget 2020 speech, Finance Minister Nirmala Sitharaman announced an increase in customs duty on imported goods and other sectors that could pinch the pockets of masses. Here’s a look at what will be more expensive and what’s become cheaper. (Image: Reuters)
Finance Minister Nirmala Sitharaman presented the Union Budget for 2021-22. In her speech, the finance minister has announced an increase in customs duty on many items. Here’s a look at things that will be more expensive. (Image: Moneycontrol)
2.5 percent hike on customs duty on certain mobile phone parts and power banks. (Image: Moneycontrol)
The government announced a 2.5 percent hike in customs duty on certain mobile phone parts and power banks. (Image: Moneycontrol)
Raising duty on solar invertor from 5 percent to 20 percent. (Image: Moneycontrol)
Customs duty on solar inverters raised from 5 percent to 20 percent. (Image: Moneycontrol)
Duty on Solar lanterns increased from 5 percent to 15 percent. (Image: Moneycontrol)
Duty on solar lanterns increased from 5 percent to 15 percent. (Image: Moneycontrol)
Raising customs duty on certain auto parts to 15 percent. (Image: Moneycontrol)
Customs duty on certain auto parts has gone up to 15 percent. (Image: Moneycontrol)
Customs duty on cotton increased from nil to 10 percent. (Image: Moneycontrol)
Customs duty on cotton increased from nil to 10 percent. (Image: Moneycontrol)
Customs duty on raw silk and silk yarn increased from 10 percent to 15 percent. (Image: Moneycontrol)
Customs duty on raw silk and silk yarn increased from 10 percent to 15 percent. (Image: Moneycontrol)
Prawn feed to attract customs duty of 15 percent from earlier rate of 5 percent. (Image: Moneycontrol)
Prawn feed to attract customs duty of 15 percent from earlier rate of 5 percent. (Image: Moneycontrol)
Agriculture cess increased by 2.5 percent on Petrol. (Image: Moneycontrol)
Agriculture cess increased by 2.5 percent on Petrol. (Image: Moneycontrol)
Agriculture cess increased by 4 percent on diesel. (Image: Moneycontrol)
Agriculture cess increased by 4 percent on diesel. (Image: Moneycontrol)
Duty increased on steel screws and plastic builderware from 10 percent to 15 percent. (Image: Moneycontrol)
Duty increased on steel screws and plastic builderware from 10 percent to 15 percent. (Image: Moneycontrol)
For compressors used in AC and refrigerators, the customs duty will be hiked to 15 percent from 12.5 percent. (Image: Moneycontrol)
For compressors used in AC and refrigerators, the customs duty will be hiked to 15 percent from 12.5 percent. (Image: Moneycontrol)
Customs duty on finished synthetic gem stones raised to encourage domestic processing. (Image: Moneycontrol)
Customs duty on finished synthetic gem stones raised to encourage domestic processing. (Image: Moneycontrol)
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