The central government has announced that the Agri Infra Development Cess will be implemented from February 2. In such a situation, everyday needs and many products or products will become expensive. They can affect your pocket from today itself.
In the General Budget 2021-22, the government has increased its expenditure in the health sector, but has made many provisions to compensate for this expenditure. One of these important provisions is also Agriculture Cess or Agri Infra Cess. The big thing is that this new Agri Infra Development Cess is being implemented from today itself.
The central government has announced that the Agri Infra Development Cess will be implemented from February 2. In such a situation, everyday needs and many products or products will become expensive. They can affect your pocket from today itself. First of all, it is important for you to know on what things Agri Infra cess has been imposed and what percentage has been imposed.
Agricultural Cess imposed on these things
1. Rs 2.5 and Rs 4 per liter respectively on petrol-diesel
2. Gold 2.5 per cent on silver
3. 100 per cent on liquor
4. 17.5 per cent on crude palm oil
5. 20 per cent on crude soybean and sunflower oil
6. On apples 35% Agri Cess
7. Urea etc. 5% on Fertilizer
8. 40% on Pea
9. 30% on Kabuli Gram
10. 20% on Masoor
11. 5% on Cotton
Eating apple will be expensive, fertilizer prices will also increase
Most people like apples in fruits. It is a 12-month fruit, which is sometimes cheaper and sometimes more expensive. But it is going to be more expensive today than before. The reason is that the government has imposed 35 percent agri infra cess on apple. At the same time, applying 5 percent cess on fertilizer can also be expensive.
Cess on edible oil, but not the effect of inflation
The government has imposed 17.5 percent on crude palm oil, 20 percent agri infra cess on crude soybean and sunflower oil. However, the basic custom duty (BCD) has been cut on them so that the customers do not bear the extra cost of the price. If not, then your pocket could be loose.
Will gold and silver be cheaper or expensive?
The excise rate on gold and silver has been reduced by 5 percent in the budget. It has been reduced from 12.5 percent to 7.5 percent. At the same time, customs duty has also been reduced on gold-silver biscuits. In such a situation, gold silver is likely to be cheap from April. However, the government has also imposed 2.5 percent agri infra cess on gold and silver. In such a situation, the prices of gold and silver can also increase.
Petrol and diesel can also be expensive
Agri infra cess has been imposed in the budget at Rs 2.5 per liter on petrol and Rs 4 per liter on diesel. In such a situation, their price is also likely to increase. However this will depend to a large extent on dealers and oil companies.
Drinking will be twice as expensive today
Drinking can be expensive from today, because in the budget, 100 percent agri infra cess has been imposed on alcoholic beverages. According to this, drinking alcohol from today can be doubly expensive. That is, if a person has been drinking liquor of 200 rupees, then he will now have to spend 400 rupees for the same liquor.
