India has removed import duties on some components key to producing mobile phones, Finance Minister Nirmala Sitharaman ...

Finance minister Nirmala Sitharaman’s removal of customs duties on key electronic components will boost local manufacturing ...

India's automotive sector has grown into the world's third-largest market, driven by consumer demand and government policies ...

A section of manufacturers sees the budget announcement as a big boost, but others say the relief will only benefit specific ...

In her Union Budget 2025 speech, Finance Minister Nirmala Sitharaman announced significant reductions in import duties for ...

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In the Union Budget 2025, Nirmala Sitharaman announced a reduction in the price of Smart LED TVs and smartphones, boosting ...

Notably, the Basic Customs Duty (BCD) on mobile phones, chargers, and printed circuit board assemblies (PCBAs) has been ...

Indian tariffs on electronics components can be as high as 20%, about 5%-6% more than countries such as China and Malaysia, according to Niti Aayog.

The government has increased BCD on Interactive Flat Panel Displays (IFPDs) from 10% to 20%, while reducing BCD on Open Cells and related components to 5%.

Even as the industry acknowledges GST exemption on satellite launch services, extending this exemption to other critical ...

In the Union Budget 2025, the Indian Government today exempted customs duties on lithium-ion battery scrap and 35 capital ...