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This is an archive article published on July 10, 2014

Budget 2014: What gets costlier

Arun Jaitley on Thursday presented his maiden Union Budget in Parliament.

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Finance Minister Arun Jaitley on Thursday spared the common man from price hikes by keeping duties on commonly used day-to-day items unchanged but made it costlier for smokers and tobacco consumers with a steep increase in excise rate in tax proposals in Budget 2014-15.

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Following is a list of what will be expensive:

  •     Cigarettes
  •     Aerated drinks with sugar
  •     Pan masala
  •     Gutka and chewing tobacco
  •     Jarda scented tobacco
  •     Radio Taxi
  •     Imported electronic products
  •     Portable X-ray machines
  •     Half cut/broken diamonds.

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