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Budget 2022: What’s cheaper, what’s costlier, check full list here

Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 on February 1 with a slew of changes in customs duty. Know what’s cheaper and costlier.

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Budget 2022: What's cheaper, what's costlier, check full list here

Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 on February 1 with a slew of changes in customs duty. The Finance Minister on Monday presented the Economic Survey that projected an 8 to 8.5 percent growth rate for the Indian economy with an estimated 9.2 percent for the 2022-23 fiscal year.

The main focus of the Economic Budget 2022 was productivity enhancement, climate action, inclusive development, and energy transition. While presenting the Budget, Sitharaman gave the blueprint of the economy from India at 75 to India at 100.

FM Sitharaman has announced that many commodities including mobile phones, clothes, etc are set to become a little cheaper. The changes in customs duty will affect the prices of certain goods in 2022-23.

For example, import duty on certain chemicals has been reduced, customs duty on cut and polished diamonds, gems to be reduced to 5 percent in a bid to boost the gems and jewellery sector, whereas duty on umbrellas has been raised to 20 percent.

Items that will get cheaper: Frozen mussels, mobile phone chargers, asafoetida, methyl alcohol, cut and polished diamonds, cocoa beans, frozen squids, mobile phones, acetic acid, clothes, chemicals needed for petroleum products, and steel scrap.

Items that will get costlier: Unblended petrol and diesel, solar cells, x-ray machines, umbrella, earphones and headphones, solar modules, imitation jewelry, smart meters, single/multiple loudspeakers, and parts of electronic toys.

There is no change in the import duty of gold, that on cut and polished diamonds has been brought down to 5 percent from 7.5 percent. Customs duty on cut and polished diamonds and gemstones will be reduced to 5 percent; customs duty on sawn diamonds will be zero. Further, a customs duty of at least Rs 400 per kg will have to be paid on imitation jewellery.

Read Also: Education Budget 2022: One Class One TV channel, digital university set up, check key highlights here

According to Nirmala Sitharaman, exemptions are being granted on items like a zipper, lining material, furniture fittings, trimming, embellishment, packaging boxes, fasteners, specified leather that may be required by bona fide exporters of handicrafts, textiles and leather garments, leather footwear, and other commodities to encourage exports.

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Entertainment

Santosh, UK’s official Oscar entry, banned from release in India

Sandhya’s dedication to her work and the issues it represents remains steadfast, as she navigates the complexities of censorship and strives to maintain the integrity of her film amidst these challenges.

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British-Indian filmmaker Sandhya Suri’s thought-provoking film, “Santosh”, is facing significant hurdles in obtaining a theatrical release in India due to the Central Board of Film Certification (CBFC) demanding substantial cuts.

The board has specifically objected to the film’s representation of police conduct as well as its exploration of sensitive societal issues, such as caste discrimination and police brutality, which are central to the film’s narrative.

In an interview, Sandhya expressed her deep disappointment, stating, “I was eager for the film to be released in India, and I explored various options to accommodate their requests. However, the extent of the cuts required ultimately made it impossible to maintain the film’s coherence or stay faithful to its original vision.”

She emphasized that the censorship board’s demands were not merely about minor adjustments; they were so extensive that they would compromise the film’s essence.

For Sandhya, the integrity of “Santosh” is paramount. She noted that complying with the proposed changes would effectively strip the film of its original message and vision, rendering it unrecognizable. The film is particularly significant, featuring an entirely Indian cast and presented in Hindi, the predominant language of North India, which underscores its cultural roots. Interestingly, when the filmmakers initially submitted the script for approval to shoot, they encountered no objections, and the largest cinema chain in India had already agreed to distribute the film as of January.

Santosh premiered at the esteemed Cannes Film Festival, where it received widespread acclaim, highlighting its powerful storytelling and cultural relevance. It was submitted as the UK’s official entry for the Oscars in the International Feature category, showcasing its international appeal. Additionally, the film earned a nomination for Best Debut Feature at this year’s BAFTA Awards, further solidifying its recognition on a global stage.

Sandhya’s dedication to her work and the issues it represents remains steadfast as she navigates the complexities of censorship and strives to maintain the integrity of her film amidst these challenges.

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Entertainment

Ben Affleck opens up on Batman role, reveals his son was scared of Batman films

In a candid interview, Ben Affleck called his Batman role in the DCEU ‘excruciating’ and revealed that even his son was too scared to watch the dark-toned films.

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Ben Affleck Batman, DCEU Batman experience, Ben Affleck interview GQ, Batman v Superman, Justice League, The Accountant 2

Ben Affleck, once the most high-profile actor to wear the cape and cowl as Batman in the DC Extended Universe (DCEU), has candidly admitted that his time as the Dark Knight was far from enjoyable. In a new interview with GQ, Affleck called the experience “excruciating,” citing misaligned visions and a personal loss of interest in superhero films.

Affleck, who starred in Batman v Superman: Dawn of Justice, Justice League, and made appearances in other DCEU titles, never got the chance to make his much-anticipated solo Batman film, which he was also set to direct. Reflecting on that period, he said, “There are a number of reasons why that was a really excruciating experience… a lot of it was misalignment of agendas, understandings, expectations.”

He admitted that he too bore responsibility, stating, “I wasn’t bringing anything particularly wonderful to that equation at the time, either. I had my own failings, significant failings, in that process and at that time.”

Affleck says the darker tone alienated younger audiences, including his son

The Oscar-winning actor shared that the darker, more mature tone of the DC films further distanced him from the genre. Notably, even his own son was unable to watch the films because of their intensity.

“It started to skew too old for a big part of the audience. Like even my own son at the time was too scared to watch the movie. And so when I saw that I was like, ‘Oh shit, we have a problem,’” Affleck said.

He explained how creative differences between the filmmakers and studio also made the process difficult. “Then you have two entities, two people really wanting to do something different and that is a really bad recipe,” he added.

From Batman to The Accountant 2

Affleck debuted as Batman in 2016’s Batman v Superman: Dawn of Justice, starring alongside Henry Cavill. His stint also included appearances in Suicide Squad and Justice League. Plans for a solo Batman film under his direction never materialized, and the DCEU eventually folded in 2023.

The actor is now focused on other projects, with his upcoming film The Accountant 2 set for release next month.

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India News

Airtel launches IPTV service across 2000 cities with plans starting at Rs. 699

Airtel has launched IPTV services across 2000 Indian cities, offering bundled OTT apps, Wi-Fi, and 350+ TV channels, starting at Rs. 699 per month.

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Bharti Airtel has rolled out its new IPTV service in over 2000 cities across India, aiming to provide users with a unified entertainment experience through the large screen. The service, which includes bundled Wi-Fi, OTT apps, and live TV channels, is available for both new and existing Airtel broadband users, starting at Rs. 699 per month.

How to access Airtel IPTV

New subscribers can get started by purchasing a new Airtel Wi-Fi plan through the company’s website or by visiting a nearby store.
Existing Airtel Wi-Fi users have the option to upgrade to IPTV services via the Airtel Thanks app or by heading to any Airtel store.

Features and plan details

Airtel’s IPTV offering includes access to more than 600 live TV channels and a wide catalog of on-demand content from 29 leading OTT platforms such as Netflix, Amazon Prime Video, Apple TV+, SonyLIV, and ZEE5.

The company is also offering up to 30 days of free service as part of an introductory promotion, claimable through the Airtel Thanks app.

Tariff details:

PlanWi-Fi SpeedOTT PlatformsTV Channels
Rs. 69940 Mbps26 apps350 channels
Rs. 899100 Mbps26 apps350 channels
Rs. 1099200 Mbps28 apps (incl. Apple TV+, Prime)350 channels
Rs. 1599300 Mbps29 apps (incl. Netflix, Apple TV+, Prime)350 channels
Rs. 39991 Gbps29 apps (incl. Netflix, Apple TV+, Prime)350 channels

Availability and rollout plans

Currently, the service is accessible across most of India, except in Delhi, Rajasthan, Assam, and the Northeastern states, where it will be introduced in the coming weeks. Airtel confirmed that more rollout updates will be shared shortly.

Siddharth Sharma, CEO – Connected Homes and Chief Marketing Officer at Bharti Airtel, shared his views on the launch, emphasizing the company’s commitment to delivering an enhanced viewing experience for Indian households.

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