{"id":20403,"date":"2024-07-23T11:42:38","date_gmt":"2024-07-23T11:42:38","guid":{"rendered":"https:\/\/jammubulletin.com\/site\/?p=20403"},"modified":"2024-07-23T11:42:38","modified_gmt":"2024-07-23T11:42:38","slug":"gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer","status":"publish","type":"post","link":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/","title":{"rendered":"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper; Imported Garden Umbrella, Solar Glass Dearer"},"content":{"rendered":"<p>NEW DELHI, July 23: Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper with <a href=\"https:\/\/jammubulletin.com\/site\/finance-minister-nirmala-sitharaman-arrives-in-parliament-to-present-union-budget-2024\/\">Finance Minister Nirmala Sitharaman<\/a> announcing cuts in customs duty in the Union Budget 2024-25.However, certain items such as imported garden umbrellas and laboratory chemicals are set to become costlier due to an increase in basic customs duty.<br \/>\nSitharaman in her Budget speech on Tuesday proposed reducing \u201ccustoms duties on gold and silver to 6 per cent and that on platinum to 6.4 per cent\u201d to enhance domestic value addition for jewellery in the country.<br \/>\nMoreover, to provide relief to cancer patients, the finance minister proposed to fully exempt three more medicines from customs duties \u2014 Trastuzumab Deruxtecan, Osimertinib and Durvalumab.<br \/>\nShe also proposed \u201cchanges in the BCD (basic customs duty) on x-ray tubes &amp; flat panel detectors for use in medical x-ray machines under the Phased Manufacturing Programme, so as to synchronise them with domestic capacity addition.\u201d<br \/>\nEarlier X-ray tubes used in manufacturing of X-ray machines for medical, surgical, dental or veterinary use attracted 15 per cent BCD, which has been proposed to reduce to 5 per cent.<br \/>\nThe government also proposed slashing import duty on mobile phones, chargers and some components that are used for manufacturing of handsets.<br \/>\nSitharaman said with a three-fold increase in domestic production and almost 100-fold jump in exports of mobile phones over the last six years, the Indian mobile phone industry has matured.<br \/>\n\u201cIn the interest of consumers, I now propose to reduce the BCD (basic customs duty) on mobile phone, mobile PCBA and mobile charger to 15 per cent,\u201d Sitharaman said.<br \/>\nEarlier BCD on mobile phones, chargers and motherboard was 20 per cent.<br \/>\nThe government has proposed to exempt specified goods for use in manufacturing of connectors in mobile phones and oxygen-free copper for use in manufacturing of resistors (an electronic component) from BCD levy.<br \/>\nThe BCD on specified goods for use in manufacturing of connectors was in the range of 5 to 7.5 per cent and oxygen-free copper for use in manufacturing of resistors attracted 5 per cent BCD.<br \/>\nSimilarly, customs duty on 25 critical minerals such as lithium, copper, cobalt and rare earth elements, which are critical for sectors like nuclear energy, renewable energy, space, defence, telecommunications, and high-tech electronics either got fully exemption or reduced.<br \/>\n\u201cThis will provide a major fillip to the processing and refining of such minerals and help secure their availability for these strategic and important sectors,\u201d she said.<br \/>\nThe finance minister also proposed removing BCD on specified capital goods for use in manufacturing of solar cells or solar modules and said this will \u201csupport energy transition\u201d.<br \/>\nHowever, she withdrew customs duty exemption on import of solar glass and tinned copper interconnect \u201cin view of sufficient domestic manufacturing capacity\u201d.<br \/>\nSimilarly, Sitharaman also proposed reducing BCD on certain broodstock, polychaete worms, shrimp and fish feed to 5 per cent to promote India\u2019s seafood exports, which has touched an all-time high of more than Rs 60,000 crore in the last financial year.<br \/>\nFor leather and textile sectors, she proposed to remove duty on import of wet white, crust and finished leather for manufacturing of textile or leather garments, footwear or other leather products for export.<br \/>\n\u201c\u2026To enhance the competitiveness of exports, I propose to reduce BCD on real down filling material from duck or goose. I am also making additions to the list of exempted goods for manufacture of leather and textile garments, footwear and other leather articles for export,\u201d she added.Sitharam proposed to increase BCD on garden umbrella from 20 per cent to 20 per cent or Rs 60 per piece, whichever is higher.<br \/>\nMoreover, to support existing and new capacities in the pipeline, she also proposed to increase the BCD on ammonium nitrate from 7.5 to 10 per cent.<br \/>\nBesides, she raised BCD on poly vinyl chloride (PVC) flex films, which is also known as PVC flex banners or PVC flex sheets, from existing 10 per cent to 25 per cent as they are non-biodegradable and hazardous for environment and health.<br \/>\nMoreover, to incentivise domestic manufacturing, the finance minister proposed to increase the BCD from 10 to 15 per cent on PCBA of specified telecom equipment from 10 to 15 per cent<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI, July 23: Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper with Finance Minister Nirmala Sitharaman announcing cuts in customs duty in the Union Budget 2024-25.However, certain items such as imported garden umbrellas and laboratory chemicals are set to become [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":20404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[6,67,89],"tags":[],"class_list":["post-20403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-header","category-national"],"gutentor_comment":0,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper<\/title>\n<meta name=\"description\" content=\"Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper\" \/>\n<meta property=\"og:description\" content=\"Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper\" \/>\n<meta property=\"og:url\" content=\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/\" \/>\n<meta property=\"og:site_name\" content=\"Jammu Bulletin\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/jammubulletinnews\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-23T11:42:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-23-at-5.11.28-PM.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1122\" \/>\n\t<meta property=\"og:image:height\" content=\"644\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/\"},\"author\":{\"name\":\"editor\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\"},\"headline\":\"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper; Imported Garden Umbrella, Solar Glass Dearer\",\"datePublished\":\"2024-07-23T11:42:38+00:00\",\"dateModified\":\"2024-07-23T11:42:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/\"},\"wordCount\":705,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\"},\"articleSection\":[\"Business\",\"header\",\"National\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/\",\"url\":\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/\",\"name\":\"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper\",\"isPartOf\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#website\"},\"datePublished\":\"2024-07-23T11:42:38+00:00\",\"dateModified\":\"2024-07-23T11:42:38+00:00\",\"description\":\"Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper\",\"breadcrumb\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/jammubulletin.com\/site\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper; Imported Garden Umbrella, Solar Glass Dearer\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#website\",\"url\":\"https:\/\/jammubulletin.com\/site\/\",\"name\":\"Jammu Bulletin\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/jammubulletin.com\/site\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#organization\",\"name\":\"Jammu Bulletin\",\"url\":\"https:\/\/jammubulletin.com\/site\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png\",\"contentUrl\":\"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png\",\"width\":344,\"height\":108,\"caption\":\"Jammu Bulletin\"},\"image\":{\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3\",\"name\":\"editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g\",\"caption\":\"editor\"},\"sameAs\":[\"https:\/\/jammubulletin.com\/site\/\",\"https:\/\/www.facebook.com\/jammubulletinnews\",\"https:\/\/www.instagram.com\/jb_jammubulletin\/\",\"https:\/\/www.youtube.com\/channel\/UCiLYegrAWdxNxRIoaKZgw9g\"],\"url\":\"https:\/\/jammubulletin.com\/site\/author\/editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper","description":"Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/","og_locale":"en_US","og_type":"article","og_title":"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper","og_description":"Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper","og_url":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/","og_site_name":"Jammu Bulletin","article_author":"https:\/\/www.facebook.com\/jammubulletinnews","article_published_time":"2024-07-23T11:42:38+00:00","og_image":[{"width":1122,"height":644,"url":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2024\/07\/Screenshot-2024-07-23-at-5.11.28-PM.png","type":"image\/png"}],"author":"editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"editor","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#article","isPartOf":{"@id":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/"},"author":{"name":"editor","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3"},"headline":"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper; Imported Garden Umbrella, Solar Glass Dearer","datePublished":"2024-07-23T11:42:38+00:00","dateModified":"2024-07-23T11:42:38+00:00","mainEntityOfPage":{"@id":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/"},"wordCount":705,"commentCount":0,"publisher":{"@id":"https:\/\/jammubulletin.com\/site\/#organization"},"articleSection":["Business","header","National"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/","url":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/","name":"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper","isPartOf":{"@id":"https:\/\/jammubulletin.com\/site\/#website"},"datePublished":"2024-07-23T11:42:38+00:00","dateModified":"2024-07-23T11:42:38+00:00","description":"Gold, silver and other precious metals along with imported mobile phones, certain cancer drugs and medical devices are set to become cheaper","breadcrumb":{"@id":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/jammubulletin.com\/site\/gold-silver-imported-mobiles-cancer-drugs-to-become-cheaper-imported-garden-umbrella-solar-glass-dearer\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/jammubulletin.com\/site\/"},{"@type":"ListItem","position":2,"name":"Gold, Silver, Imported Mobiles, Cancer Drugs To Become Cheaper; Imported Garden Umbrella, Solar Glass Dearer"}]},{"@type":"WebSite","@id":"https:\/\/jammubulletin.com\/site\/#website","url":"https:\/\/jammubulletin.com\/site\/","name":"Jammu Bulletin","description":"","publisher":{"@id":"https:\/\/jammubulletin.com\/site\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/jammubulletin.com\/site\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/jammubulletin.com\/site\/#organization","name":"Jammu Bulletin","url":"https:\/\/jammubulletin.com\/site\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/","url":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png","contentUrl":"https:\/\/jammubulletin.com\/site\/wp-content\/uploads\/2021\/08\/logo.png","width":344,"height":108,"caption":"Jammu Bulletin"},"image":{"@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/f3c17a1937e1f28a8046d670255ba6c3","name":"editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/jammubulletin.com\/site\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/fce50f360965fb46cb0a9192cc434c1c9526d30ad06a140ea461e7419b3830af?s=96&d=mm&r=g","caption":"editor"},"sameAs":["https:\/\/jammubulletin.com\/site\/","https:\/\/www.facebook.com\/jammubulletinnews","https:\/\/www.instagram.com\/jb_jammubulletin\/","https:\/\/www.youtube.com\/channel\/UCiLYegrAWdxNxRIoaKZgw9g"],"url":"https:\/\/jammubulletin.com\/site\/author\/editor\/"}]}},"_links":{"self":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/20403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/comments?post=20403"}],"version-history":[{"count":1,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/20403\/revisions"}],"predecessor-version":[{"id":20405,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/posts\/20403\/revisions\/20405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/media\/20404"}],"wp:attachment":[{"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/media?parent=20403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/categories?post=20403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jammubulletin.com\/site\/wp-json\/wp\/v2\/tags?post=20403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}