Budget 2022: Here are the things that can be cheaper and more expensive after the budget?
Budget 2022: Here are the things that can be cheaper and more expensive after the budget?
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Budget 2022: Today the general budget is going to be presented, although before that it is being speculated that what is going to be cheap and what is expensive? Let us tell you that today Finance Minister Nirmala Sitharaman will present the General Budget in Parliament after a few hours. Let us tell you that after the end of the budget speech today, like every time, some things will be expensive and some will become cheap. In fact, in the midst of the Corona epidemic, the government will try to strengthen the economy and due to the elections in 5 states including UP, maximum care should be taken of the common man. So today we tell you which things are expected to be expensive after the budget and which are cheap?

Petrol-Diesel- Let us tell you that amidst the rising prices of petrol and diesel, some announcement on oil prices is definitely expected in the budget. However, it is expected that the government will give relief to the people by cutting excise duty. Apart from this, it is also possible that by imposing a new cess on behalf of the government, the prices may be increased in another way.

Health Insurance- There has been a demand from the insurance companies for a long time that the GST on health insurance should be reduced. In fact, in a survey it has come to the fore that many people are unable to take health insurance due to expensive premiums. In such a situation, if the GST on health insurance is reduced from 18 percent to 5 percent, then it will become cheaper.

LPG Gas Cylinder - The government is expected to give relief from expensive LPG gas cylinders in the budget. Yes, after the Corona epidemic, the subsidy on LPG cylinders has been reduced a lot. In such a situation, the price of the cylinder has gone up to around Rs 1000.

Let us also tell you all that in the budget of the year 2021, the Finance Minister did not give any relief to the direct tax payers. In fact, the government had announced the imposition of agricultural infrastructure cess on many products including liquor, chickpea, peas, lentils. Apart from this, customs duty was increased on many types of raw materials and duty was removed on some steel products. Whereas duty on copper scrap was reduced from 5% to 2.5%. 2.5% duty was imposed on some parts of mobiles. With this, in the year 2021, cotton, silk, plastic, leather, electronics items, auto parts, solar products, mobiles, chargers, imported clothes, gems, LED bulbs, fridge / AC and liquor became expensive in the budget. At the same time, things like nylon clothes, iron, steel, copper items, gold, silver and platinum became cheaper.

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