Budget 2016: Get ready to burn a hole in your pockets with rise in mobile tariffs; phones to get dearer too
Finance Minister Arun Jaitley presented the union budget 2016-17 in Parliament and raised the Special Additional Duty (SAD) on PCBs of mobile phone or tablet computer by 2%, taking it to total 4%, which would lead to a rise in the prices of mobile phones. Besides, the government also increased the service tax by 0.5% that would add further pressure on the mobile tariffs. At the same time, Basic Customs... Read More
