Budget Phones to Cost More, More Companies to Sell Without Chargers: Union Budget 2021 Reactions
Budget Phones to Cost More, More Companies to Sell Without Chargers: Union Budget 2021 Reactions FOLLOW US ON: Smartphone prices in India may be set for a hike in the near term, after the central government announced the removal of key exemptions for mobile phone and electronics manufacturers in India. In the Union Budget 2021 speech, finance minister Nirmala Sitharaman stated the reduction of exemptions in the manufacturing sector, imposing 2.5 percent customs duties on components, parts and sub-parts that are imported from other countries in a bid to push for “greater domestic value addit...
Source: news18.com