Mobile makers seek GST cut to 5% as memory prices surge
The mobile phone industry body ICEA has asked Finance Minister Nirmala Sitharaman to cut GST on phones from 18% to 5%, citing a sharp rise in memory chip prices that has pushed…
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Rs 62,500-crore mobile phone scheme targets domestic brands
The government has notified a Rs 62,500-crore Mobile Phone Manufacturing Scheme (MPMS) aimed at deepening domestic value addition and nurturing Indian handset brands. The scheme runs for five years from this fiscal…
