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This is an archive article published on March 1, 2008

Budget and your Household

Milk, coconut water, coffee/tea have been fully expempted...

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Kitchen/ Dining room

Milk, coconut water, coffee/tea have been fully expempted

Corn flakes and sharbat down to 8 % from 16 %

Custom duty on vitamin pre-mixes to become lower from 30% to 20%

Excise duty on water purification items slashed to 8%

Refigeration and cold storage components to become cheaper

Duty on museli has been halved to 8 %. Branded dairy products also become cheap, as do packaging material like open top sanitary (OTS) cans, aseptic packaging and paper bags

Living room

Mobile phone, 1 % National Calamity Contingent Duty imposed

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Cigarettes (non filter) up to Rs 1323 per 1000 cigarettes from Rs 546 per 1000 cigarettes

Set-top boxes to become cheaper

TV/Music System will get marginally cheaper

Study room

Wireless data modem card (internet) has been fully exempted

Writing paper down to 8% from 12%

Ink for marker pen down to 8% from 16%

Other areas

Washing machine: To get cheaper

Exterior: Cement clinker up to Rs 450 per ton from Rs 350 per ton

Annual vacation: To cost more due to service tax on some tour operators

Toilet

Cosmetics/Toiletries: CenVAT rate cut on all items. Further, excise cuts on packaging material to make various items marginally cheaper

Parking lot

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Duty on small cars down to 12 % from 16 %. Manufacturers are planning to slash prices

Duty on Two-Wheelers down to 12% from 16 %

Excise duty on hybrid cars cut from 24% to 14 %

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