Budget 2014: Cheaper things List


chidambaramNew Delhi: Finance Minister P Chidambaram on Monday presented the Interim Budget 2014-15 in Parliament in which he proposed no major changes in tax laws.

However, he slashed the excise duty from 12 percent to 10 percent on capital goods and consumer durables.

The Finance Minister has reduced Excise duty for small cars from 12 percent to 8 percent and that of SUVs from 30 percent to 24 percent.

Here are the list of things that will be cheaper:

-Mobile phone handsets





-Small cars

-Mid-sized cars

-Large cars

-Motorcycles and scooters

-Commercial vehicles

-Consumer durables

-Capital goods