In order to encourage value addition in the electronics industry, the Indian government declared a 2.5 percent rise in customs duty on some cell phone parts and power banks in the 2021-22 budget.
“Domestic electronic manufacturing has grown rapidly. We are now exporting items like mobiles and chargers. For greater domestic value addition, we are withdrawing a few exemptions on parts of chargers and sub-parts of mobiles. Further, some parts of mobiles will move from ‘nil’ rate to a moderate 2.5%”
[App of the Week] SmartTubeNext: Enjoy YouTube Videos with no ads along with great playback features on Android TV!
Nothing Ear 1 TWS with unique design launched! Priced at Rs. 5,999! Here’s what it offers for the price
Spotify brings ‘What’s New’ feed to get notified about the latest releases!
The Witcher Monster Slayer AR Game Is Now Available