Union Budget 2020: What Becomes Expensive And What Becomes Cheaper

You will have to pay more for certain items such as imported medical equipment, tableware/kitchenware made of porcelain or China ceramic, clay iron among others as announced by Finance Minister Nirmala Sitharaman in Union Budget 2020-21.

However, certain items such as raw sugar, agro-animal based products, soya fibre and soya protein will now become cheaper as the Finance Minister has proposed withdrawal of customs duty exemption.

Here’s a list of items that will become expensive and cheaper:

Expensive

• Imported Medical Equipment
• Furniture
• Footwear
• Imported Tableware/kitchenware made of porcelain or China ceramic
• Clay iron
• Steel
• Iron
• Catalytic converters
• Parts of commercial vehicles, other than electric vehicles
• Cigarettes and Tobacco Products
• Imported Wall Fans

Cheaper

• Newsprint
• Raw sugar
• Agro-based Animal Products
• Skimmed Milk
• Tuna Bait
• Certain Alcoholic Beverages
• Soya Fibre and Soya Protein