Highlights

  • Mobile phones to get cheaper
  • Import duty reduced on phones
  • Customs duty on other electronics increased to 15%

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Budget 2023: mobile phones to get cheaper? Watch FM Nirmala's announcement on customs duty

Her statement read, "The Central government proposed to reduce customs duty on import of certain inputs for mobile phone manufacturing.”

Among items that get cheaper are mobile phones, and lithium batteries, Finance Minister Nirmala Sitharaman announced in the Budget 2023 speech.

With a reduction in import duty, mobile phones will be available at cheaper rates, FM said.

Her statement read, "The Central government proposed to reduce customs duty on import of certain inputs for mobile phone manufacturing.”

While customs duty on other electronic items such as electric chimneys in kitchens has been increased from 7.5% to 15%.

(With agency inputs)

Also watch:Budget 2023: MPs laugh as FM Nirmala slips up, says 'political' instead of 'polluting'. Watch her reply

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