Union Budget 2012-13: What goes up, down

NEW DELHI: Pranab Mukherjee, while presenting the Union Budget 2012-2013 proposed to increase duty on large cars and refined gold and remove any duty on import of silver. Here is a look at what goes up and what goes down.

Almost all the manufactured items used in every day life will become costlier, while luxury cars, gold, eating out at restaurants or hotel accommodation will become even more expensive after a steep hike in tax rates proposed in Budget 2012-13.

WHAT GOES UP

ACs

Gold jewellery

Refrigerator

Luxury cars

Air travel

Telephone bills

Sport Utility Vehicles

Cigarettes

Handrolled beedis

Platinum jewellery

Diamond jewellery

Emerald

Ruby

Branded retail garments

Eating out at restaurants

Hotel accommodation

Hiring a law firm

WHAT GOES DOWN

Cinema and films

LCDs and LEDs

Imported bicycles

Housing society charges

LPG

Mobile phones

School education

Iron ore equipment

Medicines for treating cancer and HIV Processed food

Iodised salt

Match boxes

Soya products

Solar power lamps

LED bulbs

Natural gas

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