In fact, in the Union Budget 2023, Finance Minister Nirmala Sitharaman announced a reduction in custom duty on parts used in mobile phones. Along with this, the custom duty imposed on lithium ion batteries used in mobile phones was also reduced by the government. The announcement of the Union Budget 2023 will be implemented across the country from 1 April 2023. In such a situation, it is believed that the cost of smartphones and smart TVs will come down. Because of this, manufacturing companies can cut the price of smart TVs and mobiles.
Manufacturing will increase in India
Let us tell you that in the Union Budget 2023, custom duty exemption has been given on mobile TV parts as well. Apart from this, the custom duty on camera lens has been reduced to 2.5 percent. The custom duty on open cell LED TV panels has also been reduced to 2.5 percent. The government has taken such a decision to accelerate manufacturing activities in India.
how low can the price be
By the way, the manufacturing companies decide the price of smart TV and mobile. But if we look broadly, if the budget 2023 decision of the government cuts the cost by 2.5 percent, then the price of Rs 50 thousand smartphone and TV will be Rs 47,500 thousand.
Summarize this content to 100 words New Delhi. If you are going to buy a new smart TV or smartphone, then you should wait for a while, otherwise you may have to bear the loss. Actually, after March 31, 2023, the price of smart TV and smartphone can be cut. That’s why buying smart TV and smartphone after March 31 can be a good decision. TV and mobile prices will decrease after March 31 In fact, in the Union Budget 2023, Finance Minister Nirmala Sitharaman announced a reduction in custom duty on parts used in mobile phones. Along with this, the custom duty imposed on lithium ion batteries used in mobile phones was also reduced by the government. The announcement of the Union Budget 2023 will be implemented across the country from 1 April 2023. In such a situation, it is believed that the cost of smartphones and smart TVs will come down. Because of this, manufacturing companies can cut the price of smart TVs and mobiles. Manufacturing will increase in India Let us tell you that in the Union Budget 2023, custom duty exemption has been given on mobile TV parts as well. Apart from this, the custom duty on camera lens has been reduced to 2.5 percent. The custom duty on open cell LED TV panels has also been reduced to 2.5 percent. The government has taken such a decision to accelerate manufacturing activities in India.how low can the price be By the way, the manufacturing companies decide the price of smart TV and mobile. But if we look broadly, if the budget 2023 decision of the government cuts the cost by 2.5 percent, then the price of Rs 50 thousand smartphone and TV will be Rs 47,500 thousand.
