Mobile phones will be cheaper! A gift from the government just before the budget

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Image: Freepik

Interim Budget 2024 : The Union Finance Minister will present the budget tomorrow. Union Budget will not be presented this time. Before the presentation of the budget, the government has issued a notification regarding mobile manufacturing. According to this notification, 10% discount has been given in import duty on parts used in mobile manufacturing. The government has taken this step to promote export activities from India. In such a situation, it is believed that the prices of the phones may come down after the budget.

The impact of the cuts will be seen on the mobile phone industry

According to the new notification issued by the government, it includes battery cover, main lens, back cover and mobile parts made of plastic and metal. The decision is in line with recent reports earlier this month. According to these reports, the government is looking to reduce the import duty on mobile parts that play an important role in the production of high-end mobile phones. The effect of this cut will be seen on the mobile phone industry.

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