As proposed by the finance minister in the Union Budget for 2023-24, a large number of commonly used items will be affected on account of a reduction or increase in customs duties.<br />''<br />''Items to become costlier include articles made from gold bars; &nbsp;kitchen electric chimnies; &nbsp;seeds used in the manufacturing of lab-grown diamonds; &nbsp;Silver wares and bars; copper products; compounded rubber; ready-made garments and cigarettes.<br />''<br />''Items to become cheaper include Camera lenses, mobile phones, TV parts, Machinery for lithium-ion batteries, Raw materials for the Electrical Vehicle industry, and shrimp feed to promote exports.<br />''<br />''<br />
News On AIR | February 1, 2023 9:23 PM
Union Budget for 2023-24 will affect large number of commonly used items