Notably, the Basic Customs Duty (BCD) on mobile phones, chargers, and printed circuit board assemblies (PCBAs) has been ...
India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman ...
In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced significant reductions in import duties for ...
India’s electronics production has seen a dramatic rise in recent years, crossing the $115 billion mark in 2024, and with ...
India scraps 2.5% duty on smartphone components to boost exports, with industry welcoming the move for cost competitiveness.
Indian tariffs on electronics components can be as high as 20%, about 5%-6% more than countries such as China and Malaysia, according to Niti Aayog.
Budget 2025 brings positive news for smartphone and Smart LED TV buyers as Finance Minister Nirmala Sitharaman announces reduced import taxes on key components.
Finance minister Nirmala Sitharaman’s removal of customs duties on key electronic components will boost local manufacturing ...
Industry experts believe this is expected to incentivise the domestic manufacturing sector and that the announcements related ...
The govt is set to revise the BCD rate on electronic goods in line with our Make in India policy and to rectify inverted duty ...