The first budget of the Pinarayi Vijayan government was presented by Finance Minister TM Thomas Isaac in the assembly today. The budget that promised many social reforms will also change the common man’s account quite a bit.
What will become costlier?
Basmati rice to cost more
2% tax on garments
Fat tax on food chains and restaurants, 14% tax on burger and pizza
20% tax for disposable plastic
5% tax on wheat products in packets
5% tax for coconut oil
20% tax for disposable plastic
Green tax for four wheel vehicles more than 10 years old
Price of stamp paper raised by 3%
What will be cheaper?
Tax on hotel rooms reduced
Cinema tickets will be cheaper
Scrap batteries, washing soaps