Finance Minister Arun Jaitley in his budget speech said that the current fiscal proposal on excise and customs duties will not result in any major significant loss or gain to the government coffers, but there are numbers of items that will become dearer and cheaper after the budget.
Here is the complete list of items whose prices would be affected.
What will become cheaper
--Booking railway tickets online
--RO membrane elements for household usage
-- Solar tempered glass used in solar panels
-- Fuel cell based power generating systems
-- Wind operated energy generator
-- Vegetable tanning extracts used in making leather products
-- POS machines card and fingerprint readers
-- Group insurance for Defence services.
What will become dearer
--Cigarettes, pan masala, cigar, cheroots, bidis, chewing tobacco
--LED lamp components
-- Cashew nuts (roasted and salted)
-- Aluminium ores and concentrates
--Polymer coated MS tapes used in manufacturing of optical fibres
-- Silver coins and medallions
-- Printed circuit board used in making mobile phones