Petrol, diesel, gold and silver set to be dearer

A large number of items including petrol, diesel, gold, silver, cigarettes, fully-imported cars and split air conditioners (ACs) will become more expensive due to hike in taxes, as proposed by Finance Minister Nirmala Sitharaman in the Union Budget for 2019-20. At the same time, certain items such as electric vehicle components, camera module and charger of mobile phones and set-top boxes will become cheaper.

Following is a list of items that will become costlier: > Petrol and diesel

> Cigarettes, hookah and chewing tobacco > Gold and silver

> Fully-imported cars > Split air-conditioners

> Loudspeakers > Digital video recorders

> Imported books > CCTV cameras

> Cashew Kernels > Imported plastics

> Raw materials for the manufacture of soap > Vinyl flooring, tiles

> Optical fibre > Ceramic tiles and wall tiles

> Imported stainless steel products > Imported auto parts

> Newsprint and paper for newspaper and magazines > Marble slabs

> Mountings for furniture

Following is the list of items that will become cheaper: > Electric vehicle components

> Camera module and charger of mobile phones > Set-top box

> Import of defence equipment, not manufactured in India.