Union Budget 2015: Mobiles and Tablets just got costlier
Mobile phones and tablets are set to become expensive as the excise duty on these devices has been increased. The Indian government has proposed an increase on the import cost of these devices to 12.5% from existing 6%, in its Union Budget. According to many analysts and industry insiders, the reason behind the increase is to support the domestic manufacturers of these devices, such as Micromax, Lava, Celkon etc. "Excise... Read More