Budget 2022: Every year after the budget, some things are expensive and some things are cheap, similarly this time also the prices of things have changed. Let’s find out how it will affect your everyday life-

Budget 2022: Presenting the Parliament budget by Union Finance Minister Nirmala Sitharaman, it was said that an attempt was made to provide relief to the people in this budget. But it does not seem that people will get relief. Because governments make some promises every time but the reality is that these promises are never fulfilled.

What got cheaper:

• Agricultural equipment will be cheaper.
• The import of rough diamonds has been made tax-free.
• Duty on methanol will be reduced.
• Duty has been reduced on shrimp aquaculture.
• Custom duty on mentha oil reduced.
• Leather goods, electronics – mobile chargers, camera modules, jewelry, steel, buttons, zippers, leather, packaging boxes, will be cheaper.
• To provide help to MSMEs, the customs duty exemption on steel scrap has been extended for one year.

What got expensive:

• Indian umbrellas will be more expensive than foreign umbrellas.
• Duty on sodium cyanide will increase.
• Customs duty increased on imitation jewelery
• Medicines that can be made in India and imported will be expensive.
• Excise duty will be levied at the rate of Rs 2 per liter on non-blending fuel from October this year.