Union Budget 2022: What’s costlier, what’s cheaper

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Union Finance Minister Nirmala Sitharaman introduced the Finance Bill 2022 in Parliament on Tuesday following which the Lok Sabha has been adjourned till Wednesday. The Finance Bill 2022 will give effect to the financial proposals of the central government for the financial year 2022-23. The Union Budget delivered today in Parliament was the fourth presented by Sitharaman.

Let’s see what has become costlier:

Duty on Umbrellas increased

All imported items

What has become cheaper:

Clothes

Gemstones and diamonds

Imitation jewellery

Custom duties on chemicals needed for petroleum products

Steel scraps

Mobile phones

Mobile phone chargers