Budget 2021: Will phones get expensive? Government removes exemption on parts, chargers
Budget 2021: Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021 in the Parliament. In a bid to promote domestic electronic manufacturing, Indian government has decided to remove exemptions on parts of chargers and mobiles.
According to FM Sitharaman, some parts of mobile phones will also move from NIL custom duty to a Moderate custom duty of 2.5 per cent.