From the next fiscal year, that is from today, a lot of things of your daily needs as well as things of your comfort are going to get dearer.
Finance Minister Arun Jaitley hiked custom and excise duty on some, while it has been reduced on some products which will eventually lead to commodities getting costlier or cheaper.
Costly items.
Cigarettes
Pan masala
Cigar
Cheroots
Paper-rolled handmade bidis
Chewing tobacco
LED lamp components
Cashew nuts (roasted and salted)
Aluminum ores and concentrates
Polymer coated MS tapes used in manufacturing of optical fibres
Silver coins and medallions
Apart from this, you will have to pay more premiums for car, motorcycle and health insurance from April 1 as Insurance Regulatory and Development Authority (IRDAI) has given a green signal to insurers for a commission revision for agents.
Items that will become cheaper:
Booking railway tickets online
RO membrane elements for household usage
LNG
Solar tempered glass used in solar panels
Fuel cell based power generating systems
Wind operated energy generator
Vegetable tanning extracts used in making leather products
POS machines card and fingerprint readers
Group insurance for Defence services
