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Budget decoded: This is what you will pay
March, 23rd 2010

Living in Delhi has become more expensive. In the Budget presented for the capital on Monday, the government withdrew subsidy on LPG.

This means LPG cylinders will cost 40 rupees more. Diesel will also get costlier as Value Added Tax (VAT) has been hiked from 12.5 to 20 per cent.

There will be no additional tax on booze for the second consecutive year. However, for those who savour an energy drink or lemon laced with glucose will have to pay more as Glucose D will cost 12.5 per cent more while aerated drinks like Coke, Pepsi, juices and other energy drinks will be dearer by 20 per cent.

You will have to think twice now before hitting the nearby movie theatre. Movie tickets will be taxed at 12.5 per cent and Ashok Walia, the finance minister, has also not spared those who enjoy it in the comfort of their homes. DVDs, CDs and video games will also be taxed at the revised rate of 12.5 per cent.

Branded readymade garments, wrist watches, as all such commodities priced above Rs 5,000 will now attract 12.5 per cent tax. One will also have to spend more on new mobile phones. Even the phone accessories have not been spared. Phones priced above Rs 10,000 will also invite tax at 12.5 per cent.

For women who like to dress ethnic, there is bad news. Though not as much as for the guys planning to buy an expensive suit or shirt, ladies suits with embroidery and zari work will now be costlier by at least five per cent.

Though auto and bus fares have not been increased, but one will have to fight more with auto drivers now as they would have another excuse to harass you in the five per cent tax on the CNG. This tax has been imposed for the first time.

With entertainment rendered costly, the finance minister did not even leave the room for chatting with friends over a hot cup of coffee or tea. Both the drinks will now be taxed at 12.5 per cent.

With the mercury already hitting the 40 degrees mark in the city, just pray that there should be lesser power cuts. Inverters will now be taxed more at 12.5 per cent. The power utilities have already been crying hoarse demanding a steep hike in power tariffs.

If the Facebook has revived the farmer in you and then you may have to strangle him again. Mr Walia made sure that all your fantasies of the field should remain in the virtual world only. Micro nutrients and plant growth promoters will now be taxed at five per cent. Keep growing it on Farmville.

 
 
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