Recently in the budget it is mentioned that electronic items(Laptop) price will be reduced. But still there is no change in the price on the market. Usually budget announced on February and amendment comes from April. But this time due to election everything is happened late. Anybody know when the price will be reduced and how much difference in the price.
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Recently in the budget it is mentioned that electronic items(Laptop) price will be reduced. But still there is no change in the price on the market. Usually budget announced on February and amendment comes from April. But this time due to election everything is happened late. Anybody know when the price will be reduced and how much difference in the price.


Answer lies in your question. The present budget was presented lately. So everything gets delayed. If the usual gap of one month is taken for the implementation of Budget proposals, the prices of Laptops should be effective from August end or September first week.
The government has reduced duty. But it is on manufacturers/ traders to pass on the benefit to the consumers.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

Recently in the budget it is mentioned that electronic items(Laptop) price will be reduced. But still there is no change in the price on the market. Usually budget announced on February and amendment comes from April. But this time due to election everything is happened late. Anybody know when the price will be reduced and how much difference in the price.


Traders increase prices the moment they hear it raised but take forever giving you different excuses when it comes to reducing the prices.

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Recently in the budget it is mentioned that electronic items(Laptop) price will be reduced. But still there is no change in the price on the market. Usually budget announced on February and amendment comes from April. But this time due to election everything is happened late. Anybody know when the price will be reduced and how much difference in the price.


Depends more on the manufacturer actually, however you can check online..they always offer goods at a cheaper rate.

“A mistake is a crash-course in learning” – Billy Anderson

We should not expect the prices to fall , the moment the budget is out. It takes at least anywhere between 1-2 months for the reduced prices to appear in the market, unless the budget says "With immediate effect".
Budget is yet to be passed in both house of parliament and then assent of honorable President of India and then prices should be reduced. :whistle: :whistle:

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We should not expect the prices to fall , the moment the budget is out. It takes at least anywhere between 1-2 months for the reduced prices to appear in the market, unless the budget says "With immediate effect".


The revised central excise duty and customs duty get implemented immediately viz from midnight of the day budget is presented. So there is no question of any wait for one or two months as suggested.

G. K. Ajmani Tax consultant
http://gkajmani-mystraythoughts.blogspot.com/

We should not expect the prices to fall , the moment the budget is out. It takes at least anywhere between 1-2 months for the reduced prices to appear in the market, unless the budget says "With immediate effect".


The revised central excise duty and customs duty get implemented immediately viz from midnight of the day budget is presented. So there is no question of any wait for one or two months as suggested.


Then why it's delay in implementing the revised prices ? After the revised prices are avaible, the consumer will get the benefit from the date of the budget approval ?

Suppose just the next day after budget I bought a laptop for unrevised rates. After implementing the new reduced rates, can I demand the difference of money showing the cash receipt?
Only the price of petrol and diesel rise with immediate effect, for rest of the things the common man has to wait forever.

“A mistake is a crash-course in learning” – Billy Anderson

Only the price of petrol and diesel rise with immediate effect, for rest of the things the common man has to wait forever.


Perhaps the common man has to wait until the next budget?
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