NEW DELHI: On 1 April that is today, a new financial year will start and there will be a lot of things of your daily needs for which you might have to pay extra.
The Finance Minister Arun Jaitley in the Union budget proposals for 2017-18 hiked rates on certain items that will cost more, less.
The following is a list of items that will turn costlier:
> Cigarettes, pan masala, cigar, cheroots, bidis, chewing tobacco
> LED lamp components
> Cashew nuts (roasted and salted)
> Aluminum ores and concentrates
Polymer coated MS tapes used in manufacturing of optical fibres
> Silver coins and medallions
> Printed circuit board used in making mobile phones
Apart from this, car, motorcycle and health insurance will cost more from April 1, with the Insurance Regulatory and Development Authority of India (Irdai) giving a go-ahead to insurers for a revision in commission for agents.
Following is a list items that will turn cheaper:
> Booking railway tickets online
> RO membrane elements for household usage
> Solar tempered glass used in solar panels
> Fuel cell based power generating system ..
> Wind operated energy generator
> Vegetable tanning extracts used in making leather products
> POS machines card and fingerprint readers
> Group insurance for Defence services.