Indian Govt raises import tax on mobile phones, will affect Apple and others

Indian Govt has raised the import tax on various electronic items including mobile phones, digital cameras, microwave ovens, and televisions with an aim to curb supplies from overseas and build up the domestic industry. Tax on mobile phones has been increased from 10% to 15%. The increase in the import tax will hurt mobile manufacturers especially Apple as the … Continue reading "Indian Govt raises import tax on mobile phones, will affect Apple and others"

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