IMPORT DUTY RAISED ON PARTS OF MOBILE PHONES AND CHARGERS IN NEW BUDGET

HIGHLIGHTS

• The new Union Budget has proposed to impose to import duty on the components of mobile phones and chargers.
• This move can impact the prices of mobile handsets.
• Mobile manufacturers are likely to increase the purchase and use of components made in India.

The new budget by the Indian government has proposed to impose import duty on the components of mobile phon....