Your iPhones, Fitbits, Ray-Bans & Zippos Are Set To Get A Whole Lot Costlier! Be Ready To Spend More

The government yesterday outlined a farmer-friendly budget, but for the country’s burgeoning middle class, who aspire to own luxury goods ranging from Ray-Bans to iPhones, and Zippos to Fitbits – imported goods are set to get a whole lot costlier.

The budget outlined by Finance Minister Arun Jaitley doubled existing customs duties on imported lighters, perfumes, make-up, wrist watches, sunglasses, toys and gaming consoles. It has also significantly raised duties on imported footwear, imitation jewellery, along with mobile phones, television screens, vehicles and components used in them.

Also Read: Union Budget 2018: Mobile Phones, TVs To Cost More, No Change In Income Tax Slabs, Middle Class Left High & Dry

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