Budget 2024: FM Nirmala Sitharaman announces major reduction in basic customs duty for mobile phones and chargers

[ad_1] Finance Minister Nirmala Sitharaman announced a major reduction in customs duty for mobile phones, mobile PCBA and mobile chargers, taking the rate to 15%. Speaking during her budget speech, FM Sitharaman said,  “With a three fold increase in domestic production and almost 100 fold jump in exports of mobile phones. Over the last six…

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