Every year, the government makes a big plan called the Budget. It decides what things will cost more, what will cost less, and how money will be spent. Here’s what changed this time 👇 ⸻ 📈 Things That May Cost MORE 🔺 Cigarettes & tobacco products → The government increased taxes → This is done …
Every year, the government makes a big plan called the Budget.
It decides what things will cost more, what will cost less, and how money will be spent.
Here’s what changed this time 👇
⸻
📈 Things That May Cost MORE
🔺 Cigarettes & tobacco products
→ The government increased taxes
→ This is done to discourage unhealthy habits
🔺 Share market trading (options & futures)
→ People who trade daily will pay a little more tax per trade
👉 Good to know:
These are not everyday children’s items, so families may not feel this much.
⸻
📉 Things That May Cost LESS (or feel easier on the pocket)
🟢 Some medicines (especially cancer medicines)
→ Lower taxes mean treatment becomes cheaper
🟢 Some electronic items
→ Like phones, TVs, and gadgets (price drop depends on brand)
🟢 Electric vehicles (EVs)
→ Government wants more people to use clean transport
→ So EVs may slowly become more affordable
🟢 Sending money abroad for education or medical treatment
→ Families will pay less tax when sending money for studies or health
⸻
😌 Things That Did NOT Change
✅ Income tax slabs stayed the same
→ Parents won’t pay extra tax just because of the Budget
✅ School fees, notebooks, uniforms
→ No direct increase announced






