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Budget 2023: What's Cheaper, What's Costlier?

Nirmala Sitharaman today presented the last full-fledged Union Budget of the Modi government
Sitharaman's budget speech outlined which items would be cheaper and which would be more expensive
The formal exercise to prepare the annual Budget for the next financial year (2023-24) commenced on October 10

Budget 2023: What's Cheaper, What's Costlier?

Union Finance Minister Nirmala Sitharaman today presented the last full-fledged Union Budget of the Modi government before the 2024 Lok Sabha elections. Sitharaman's budget speech outlined which items would be cheaper and which would be more expensive.

Here's what gets cheaper:

LED TV
Cloth
Mobile phone
Toy
Mobile camera lens
Electric vehicles
Diamond Jewelry
Things related to biogas
Lithium cells
Bicycle

Here's what gets costlier:

Cigarette
Liquor
Umbrella
Imported kitchen chimney
Gold
Imported silver
Platinum
X-ray machine
Diamond

This year's Budget holds much significance as the country is scheduled to have the next Lok Sabha election in April-May 2024. The budget session of the Parliament began on Tuesday with the President's address, followed by the tabling of the Economic Survey for 2022-23. The formal exercise to prepare the annual Budget for the next financial year (2023-24) commenced on October 10.

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Union Budget 2023-24

Nirmala Sitharaman

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