Budget 2023-24: Union Finance Minister Nirmala Sitharaman on Wednesday i.e. Feb 01 presented the Union Budget for the financial year beginning April 1.

This is the last full budget of the Modi government before the 2024 Lok Sabha elections, in which many big announcements have been made.

Making the biggest announcement, the Finance Minister has changed the income tax slab. Now there will not be a single tax till the income of 7 lakhs.

In the budget speech, the Finance Minister also said which things are being made cheaper and which things are getting costlier.

Let us know which things you will have to pay more money to buy and which things you will be able to buy by paying less money.

Budget 2023-24: New Tax Slab Will Be Like This

• 0 to ₹3 lakh: Nil

• ₹3 lakh to ₹6 lakh: 5%

• ₹6 lakh to ₹9 lakh: 10%

• ₹9 lakh to ₹12 lakh: 15% 

• ₹12 lakh to ₹15 lakh: 20%

• Above ₹15 lakh: 30%

Budget 2023-24: What things became cheaper?

• Manufactured in India Mobile phones and TV sets

• Denatured ethyl alcohol

• Acid grade fluorspar

• Shrimp feed

• Lab-grown diamonds

• Machinery for manufacturing lithium-ion cells to be used in EVs

• Clothes

• Toys

• Things related to biogas

Budget 2023-24: What things became costlier?

• Cigarettes

• Liquor

• Gold

• Platinum

• Imported Kitchen Chimney

• X-ray machine

• Imported silver articles

• Compounded rubber

• Imitation jewellery

• Imported bicycles and toys