Home > Business > Budget 2004-05 > Report

Computers, mobiles, tractors to be cheaper

July 08, 2004 14:37 IST
Last Updated: July 08, 2004 14:48 IST

Computers, mobile phones, tractors and gas stoves will become cheaper with the lowering of duties proposed in the Union Budget 2004-05 while imitation jewellery, steel, cakes and pastries and scented supari will become costlier.

The government on Thursday exempted computers and tractors from excise duty as also customs duty from specified raw materials used in manufacture of parts of cathode ray tubes and capital goods for manufacture of mobile telephone handsets in the Budget tabled in Parliament by Finance Minister P Chidambaram.

Apart from these, pens and ball point pens, non-alcoholic beverages such as chocolate and malted food drinks, branded and packaged preparations of meat, fish and poultry would also become cheaper with reduction or exemption in excise duties.

However, items such as steel, contact lens, playing cards, candles, prefabricated buildings, laboratory glassware, plastic insulated ware, clocks and watches will become costlier.

Rehabilitation kits such as braille computer terminals, hearing aids, talking books, walking frames, wheel chairs, crutches will become cheaper with duties being proposed to be brought down in the Budget.

Apart from these, rough coloured gemstones, platinum, certain textile items, textile machinery, patented leather, footwear will also become cheaper.

While cooking gas stoves will become cheaper, matches made in mechanised and semi-mechanised sectors will become expensive as also iron and steel, specified part of pre-fabricated buildings such as blocks, slabs, concrete beams and stairs, monochrome television receievers will become costlier.

Article Tools
Email this article
Top emailed links
Print this article
Write us a letter
Discuss this article

Related Stories

Highlights of the Union Budget

Services that FM can tax

People Who Read This Also Read

PCs, air travel to be cheaper

Highlights of the Mini-Budget

What the Budget means

© Copyright 2004 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

Budget 2004-05: The Complete Coverage | Rail Budget 2004-05

Share your comments

 What do you think about the story?

Read what others have to say:

Number of User Comments: 25

Sub: Cool news for young generation

this budget will give us a tremendous scope for modernization.....congratulation to all.

Posted by debyani

Sub: comment

it's gr8 to know tht the techy gazzettes eg compu.,cellohones are going to become cheaper.it'll not only boost the nation's comp. savvy generation but also ...

Posted by devraj;T.I.E.T.

Sub: Computers and Mobile Phones Gonna Be Cheaper

Its really nice to hear that computers and mobile phones are getting cheaper. But I got a problem, could the government also arrange a service ...

Posted by Kul Bhushan

Sub: At Last a sign of relief

Fantastic job done by MR P.CHIDAMBARAM .Its good to c the newly elected gov proactive and excellent start giving a fair chace for both middle ...


Sub: Price Hike in Computer Market

I really don't understand what is going on here !!! I am suprise & happy to see the lower price of computer but it only ...

Posted by Tapan


Copyright © 2004 rediff.com India Limited. All Rights Reserved.