What's gone up and down: Union Budget 2014-2015

The Finance Minister of India, Arun Jaitley presented his maiden Union Budget 2014-2015 on Thursday 10th Jul 2014.

Following is a brief list which will display which product/item gets costlier or cheaper (what goes up and what goes down) according to current tax proposals at budget 2014-2015:

What goes up (Achche Din) 

# Cigarettes / Cigars


# Tobacco Products (Gutka, Pan Masala and chewing tobacco)

# Aerated drinks with added sugar

# Imported Electronic Products

# Radio Taxi

# Portable X-ray machines

# Half cut/broken diamonds

What goes down (Bitter Pill) 

# Small LCD TV below 19 inches

# Ready-made Garments

# Branded Petrol

# HIV/AIDS drugs and diagnostic kits

# DDT insecticides

# Life micro insurance policies

# CRT TV (Color picture tube)

# RO based water purifiers

# LED Lights, fixtures and lamps

# E-book readers

# Foot wears priced in range of Rs 500 to Rs 1,000 per pair

# Precious & semi-precious stones (Color)

# Matchbox

# Sports Gloves

# Soaps

# Oil

Categories: Announcement, Tax Planning, Union Budget