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What gets cheaper and what's dearer from Budget 2022- Check full list

Finance Minister Nirmala Sitharaman in her Budget 2022 speech on February 1st, 2022 addressed a range of economic issues and announced various measures, plans to give a boost to the economy battered by the Covid-19

In her approx 1 hour and 30 minutes long speech, FM announced a few changes in the custom duties, which would impact the pocket of a common man. While numerous common-use items will see a price hike due to the same, some other products will get cheaper.

Here's a list of imported items set to get expensive:

Single or multiple loudspeakers

Headphones and earphones


Imitation Jewellery

Smart meters

Solar cells

Solar modules

X-ray machines

Parts of electronic toys

Also Read - Budget 2022-23 Major Key Highlights

Seeing a cut in the customs duty, the following items will see a reduction in their prices:


Mobile phone chargers

Frozen mussels

Frozen squids


Cocoa beans

Methyl alcohol

Acetic acid

Cut and polished diamonds

Camera lens for cellular mobile phone

Among other announcements for the common man, Sitharaman gave a slight relief to the taxpayers, indicating that they can file updated return within 2 years from the end of the relevant assessment year.

However, in a setback for crypto traders, the government has decided to levy a 30 per cent tax on any income from the transfer of virtual digital assets.

The Centre will also introduce 400 new Vande Bharat trains in the next 3 years. The spectrum auctions for 5G services will be held in 2023. Sitharaman also announced e-passports with “futuristic technology” in the Budget.



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