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Impacts Of India Budget 2005-2006

1. Petrol and diesel to cost Rs 0.50 more per litre.
2. Cigarettes and tobacco products to cost more.
3. Withdraw over Rs 10,000 in cash on a single day from a bank, and you end up paying Rs 10 as tax on this.
4. IT hardware will become more expensive. Software stays where it was.
5. Branded jewellery will become more expensive with the levy of 2% excise duty.
6. Tea, vanaspati, edible oils may cost less.
7. Imitation jewellery to cost less. Total contempt towards the cheapos among us.
8. Textile imports get cheaper as customs duty on textiles has been reduced 20% to 10%.