Indian Government Increases Import Taxes on Mobile Phones; A Move to Develop Domestic Industry
The Indian Government has increased import taxes on electronic products such as mobile phones, television sets, digital cameras, etc. with an aim to reduces supplies from other countries and develop the domestic industry. A government statement saw by Reuters cites a 5% hike on imports of mobile phones, which badly hurts Apple more than anyone. India is one among the top countries which import a lot of products from other... Read More
