March 16, 2012

Union Budget 2012-13: What goes up, down(live)

Union Budget 2012-2013 proposed to increase duty on large cars and refined gold and remove any duty on import of silver. Here is a look at what goes up and what goes down.

UP: AC, gold jewelery, refrigerator, luxury cars, telephone bills, SUVs and cigarettes, handrolled beedis, platinum, diamond, emerald, ruby and branded retail garments to cost more.

DOWN: Cinema and films, LCDs and LEDs, bicycles, housing society charges, LPG, mobile phones, school education, iron ore quipment and medicines for treating cancer and HIV to cost less now.


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