Union Budget 2022: Full list of what is costlier, what is cheaper

New Delhi, Feb 01: Finance Minister Nirmala Sitharaman presented her fourth Budget, which aims to keep India as the world's fastest-growing economy.

The Indian economy is expected to grow 9.2% in the fiscal year that ends in March, after contracting 7.3% the previous fiscal year.

Following are the items that will become costlier or cheaper after customs duty changes post Union Budget 2022-23.

CHEAPER

• Clothes
• Gemstones and Diamonds
• Imitation jewellery
• Custom duties on chemicals needed for petroleum products
• Steel scraps
• Mobile phones
• Mobile phone chargers

COSTLIER

• Duty on Umbrellas increased
• All imported items