Budget 2023: Here's what Finance Minister Nirmala Sitharaman announced for FY 23-24 | Hindustan Times
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Budget 2023: Here's what Finance Minister Nirmala Sitharaman announced for FY 23-24

Updated On Feb 01, 2023 01:53 PM IST
  • Union Finance Minister Nirmala Sitharaman lists things that will become cheaper and costlier in FY24.
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Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for the fiscal year beginning April 1. Her speech outlined which items would become cheaper and which would be more expensive. (PTI) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for the fiscal year beginning April 1. Her speech outlined which items would become cheaper and which would be more expensive. (PTI)

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The government will reduce basic customs duty on seeds used in the manufacturing of lab-grown diamonds. (PTI) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

The government will reduce basic customs duty on seeds used in the manufacturing of lab-grown diamonds. (PTI)

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The budget also proposes to cap deductions from capital gains on investments in residential houses to <span class='webrupee'>₹</span>10 crores.&nbsp;(File Image) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

The budget also proposes to cap deductions from capital gains on investments in residential houses to 10 crores. (File Image)

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Custom duty on cigarettes has been increased, said Finance Minister Nirmala Sitharaman.&nbsp;(File Image) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

Custom duty on cigarettes has been increased, said Finance Minister Nirmala Sitharaman. (File Image)

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Customs duty on kitchen electric chimney has also been increased to 15% from 7.5%&nbsp;(File Image) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

Customs duty on kitchen electric chimney has also been increased to 15% from 7.5% (File Image)

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Basic customs duty has been hiked on articles made from gold bars.&nbsp;(File Image) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

Basic customs duty has been hiked on articles made from gold bars. (File Image)

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Basic custom duty rates on goods other than textiles and agriculture have been reduced from 21 to 13.&nbsp;(AFP) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

Basic custom duty rates on goods other than textiles and agriculture have been reduced from 21 to 13. (AFP)

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There will be a cut in customs duty on the import of certain inputs for mobile phone manufacturing.&nbsp;(Pexels.com) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

There will be a cut in customs duty on the import of certain inputs for mobile phone manufacturing. (Pexels.com)

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Customs duty on shrimp feed to promote exports will also be reduced.&nbsp;(ANI) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

Customs duty on shrimp feed to promote exports will also be reduced. (ANI)

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Concessional basic customs duty of 2.5% on copper scrap will continue.&nbsp;(PTI) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

Concessional basic customs duty of 2.5% on copper scrap will continue. (PTI)

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She proposed a relief on customs duty on imports of certain parts of mobile phones, including camera lenses and lithium-ion cells.&nbsp;(pexels.com) expand-icon View Photos in a new improved layout
Updated on Feb 01, 2023 01:53 PM IST

She proposed a relief on customs duty on imports of certain parts of mobile phones, including camera lenses and lithium-ion cells. (pexels.com)

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