7 things in Budget 2016 whats costlier and whats cheaper

Dialysis Machines
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1) Dialysis Machines: Parts of dialysis machines will be exempted from all custom duties.

Aviation Turbine Fuel
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2) Aviation Turbine Fuel: Excise duty raised from 8% to 14%.



iron ore
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3) Iron ore: Export tax has been scrapped on iron ore.


Cigarettes tax increased
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4) Cigarettes: Excise duty on tobacco products to be raised by 10 to 15%. Beedis exempted.



Bottled Water
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5) Bottled Water: Excise duty on waters including mineral waters and aerated waters will be increased from 18% up to 21%.


imitation jewellery
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6) Jewellery: Customs duty on imitation jewellery raised to 15% from 10%.


cars and suvs
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7) Cars and SUVs: There will be 1% cess on CNG, LPG and petrol vehicles; 2.5% cess on small diesel cars and 4% on large vehicles such as SUVs. A 1% luxury tax has been proposed on vehicles that cost Rs. 10 lakh or more.
7 things in Budget 2016 whats costlier and whats cheaper 7 things in Budget 2016 whats costlier and whats cheaper Reviewed by OnlyHeadlines Senior Writer on Monday, February 29, 2016 Rating: 5

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