Budget 2023: Here's what Finance Minister Nirmala Sitharaman announced for FY 23-24

Union Finance Minister Nirmala Sitharaman lists things that will become cheaper and costlier in FY24.

Updated on Feb 01, 2023 01:53 PM IST 11 Photos

Union Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for the fiscal year beginning April 1. Her speech outlined which items would become cheaper and which would be more expensive. (PTI)

The government will reduce basic customs duty on seeds used in the manufacturing of lab-grown diamonds. (PTI)

The budget also proposes to cap deductions from capital gains on investments in residential houses to 10 crores. (File Image)


Custom duty on cigarettes has been increased, said Finance Minister Nirmala Sitharaman. (File Image)

Customs duty on kitchen electric chimney has also been increased to 15% from 7.5% (File Image)