India

Mobile phones to get costlier from April 1 in India

OK, Indian mobile phone lovers –Budget 2011 has bad news for you.  Starting April 1, the central excise duty on mobile phones will be increased from the current four per cent to five per cent. In common parlance, mobile phones are turning expensive.

Worse, the Budget mentioned no significant steps on the spectrum related issues.

We presume that the only happy lot in this sector must be the telecom equipment manufacturers. After all Finance Minister Pranab Mukherjee has suggested to extend concession on parts, components and accessories for manufacture of mobile phones for one more year.

0 thoughts on “Mobile phones to get costlier from April 1 in India

  1. right..that means a increase of 100 rupees for 10K phone ..the rate at which companies launch new models leading to decline of price of older one, its gonna hardly matter esp if you think u should hurry n buy before april,1.. 🙂

  2. Excise duty only matters for mobile phones manufactured in India. Most popular brands are imported in India which are liable for customs duty which has actually been reduced. So mobile phones will become cheaper now

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