The Indian Finance Minister P Chidambaram today proposed to raise duty on mobile phones priced at more than Rs 2,000 to 6 per cent. So mobile phones that cost more than Rs 2,000 would be getting more expensive in next financial year (from April 2013). “Mobile phones enjoy a concessional excise duty of 1 per cent and I do not propose to change that in the case of low priced... Read More
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