New Delhi Finance Minister Nirmala Sitharaman on Wednesday presented the Budget 2023 and announced changes in certain duties and taxes, resulting in some items getting cheaper and some getting costlier.

Here’s a list of items that have gotten cheaper and those that have gotten more expensive.

WHAT GETS CHEAPER

Gold Rate

Friday 28 Feb. 2025

Gold 24 KT 85,400 /-

Gold 22 KT 79,400 /-

Silver / Kg 94,400 /-

Platinum 44,000 /-

Recommended rate for Nagpur sarafa Making charges minimum 13% and above

• Customs Duty on parts of open cells of TV panels cut to 2.5 per cent

• Govt proposes to reduce Customs Duty on the import of certain inputs for mobile phone manufacturing

• Govt to reduce basic Customs Duty on seeds used in manufacturing of lab-grown diamonds

• Govt to reduce customs duty on shrimp feed to promote exports

WHAT GETS COSTLIER

• Taxes on cigarettes hiked by 16 per cent

• Basic import duty on compounded rubber increased to 25 per cent from 10 per cent

• Basic customs duty hiked on articles made from gold bars

• Customs duty on kitchen electric chimney increased to 15 per cent from 7.5 per cent

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