Tag: Mobile phones

Basic import duty on certain phone components scrapped

February 1, 2025 admin

Union Minister Ashwini Vaishnaw | Photo Credit: The HIndu The basic customs duty of 2.5% imposed on certain smartphone components has been scrapped, following a glide path recommended by the electronics manufacturing industry last year. Mobile phones are fast emerging as India’s top export commodity, reaching $15.6 billion last year. Slabs for components had been…

Business

What Is Cheaper, What Is Costlier?

July 23, 2024 admin

New Delhi: Finance Minister Nirmala Sitharaman today announced a major reduction in customs duty on cancer medicines and mobile phones, which will significantly bring down their prices in the retail market. Imported gold, silver, leather goods and seafood will also get cheaper. “The government will exempt 3 more cancer treatment drugs from Customs duty. I…

Nation

Centre Orders Blocking Of 28,000 Mobile Sets used in Cybercrimes

May 10, 2024 admin

This effort aims to dismantle networks of fraudsters. New Delhi: The Centre on Friday directed telecom operators to block for blocking 28,200 mobile handsets and issued directions to re-verify 20 lakh mobile connections associated with these handsets. Ministry of Communications in a statement today announced the collaboration of the Department of Telecommunications (DoT), Ministry of…

Nation