New Delhi: The latest Budget by Nirmala Sitharaman, her eighth in a row, announced a major rebate for the salaried class. This is expected to increase the disposable income of the middle class considerably.

Outlining her Budget focus, the FM said she had a five-point agenda. They are: 1. Accelerate growth 2. Secure inclusive development 3. Invigorate society and industry 4. Uplift household sentiment and 5. Enhance spending on power of the middle class

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As per the budgetary announcements, here are the items that could become cheaper:

Mobile phones: 28 additional goods for mobile phone battery production will come in the exempted capital goods list.
Lifesaving drugs: 36 drugs will be added to the list of medicines fully exempted from Basic Customs Duty.
Frozen Fish Paste: Customs duty on Frozen Fish Paste (Surimi) is to be reduced from 30 per cent to 5 per cent for the manufacture and export of its analogue products.
EV batteries
Wet Blue leather
Carrier-grade ethernet switches
12 Critical minerals
Open Cells of LCD/LED TVs
Cobalt products
Scrap of lithium-ion battery
Marine products

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Items that have become costlier:
Flat panel display
Knitted Fabrics

The prices of telecom equipment and plastic products are also set to rise due to higher duties.

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