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GST ON SMARTPHONES
Cut GST on smartphones below Rs 25,000 to 5%: GT Bharat-PWIF reportA new whitepaper suggests a significant GST reduction on smartphones under Rs 25,000 to 5%, while retaining 18% for pricier models. This mo...- FM radio: Tuned out of news, tuned into crisis, seeks reformsIndia's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital ...
- Aadhaar email update to be free via mobile app from July 1; UIDAI waives Rs 75 fee for six monthsThe Unique Identification Authority of India (UIDAI) is making email address updates via the Aadhaar mobile app free for six months, from J...
- As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
- Amazon Prime Day Sale 2026 coming soon? Here's when it may begin; expected discounts and dealsAmazon Prime Day Sale 2026 date: Amazon Prime Day 2026 is expected to arrive sometime in July, although the company has not announced dates...
- Consumer goods majors eye stronger sales as inflation pushes both volumes and pricesConsumer goods companies anticipate stronger sales growth. Inflation from the West Asia conflict is expected to boost both product volumes ...
- Airtel launches 'Priority Postpaid' with a 'slicing' tech: Check the 5G plansBharti Airtel has launched "Priority Postpaid," a new service leveraging 5G slicing technology to enhance network experience for postpaid u...
- Election cash doles may trigger short-term consumption boost in apparel, smartphones, liquor: CEOsCash handouts from recent state elections are expected to boost spending on items like apparel, smartphones, and electronics. Consumers, es...
- China's TCL in talks with local companies to sell 51% in Indian plantChinese electronics giant TCL is looking to sell a majority stake in its Indian display plant. The company is seeking between ₹5,708 and ₹7...
- Coming soon: Price hike round 3 in four months for durablesConsumers face another price hike on electronics like ACs, TVs, and smartphones by end April. This marks the third increase in four months....
- Consumption slowdown in Q4 to spoil full year's sales showConsumer electronics and smartphone sales in India experienced a significant slowdown in the March quarter. This trend impacted the overall...
- Smartphone PLI surpasses targets, turns out to be right call for IndiaThe fiscal stimulus under the production-linked incentive (PLI) scheme for smartphones is likely to be around Rs 21,000 crore for the FY21-...
- Smartphones may contribute over ₹3 lakh cr in taxes during PLI yearsIndia's smartphone industry projects over ₹65,000 crore in GST this fiscal, following ₹2.45 lakh crore during the PLI scheme's initial phas...
- Grocery, electronics goods sales dip in Sept quarter despite GST boostSales of large grocery packs, soft drinks and electronics declined 5-25% in the September quarter. Consumers deferred purchases anticipatin...
- Mobile GST hike gives government more than PLI outlay: Industry ExecutivesIn fact, the five-year smartphone PLI scheme will leave a revenue surplus of ₹11,000 crore if only the Centre's GST (goods and services tax...
- Fall in value of rupee, high inflation could hit festive season demand for smartphonesCounterpoint Research is now estimating its annual forecast to be 175-177 million units from its initial 181 million estimate. IDC India is...
- Apple hikes iPhone prices by 5% due to increase in GSTThe government last month increased GST on smartphones to 18% from 12% earlier, while in the Budget it increased net import duty by 2% by w...
- Demonetisation, GST and JioPhones make a dent in smartphone shipments growth projection"First half of the year has been slower than expected due to GST and note ban and if JioPhone has some impact, then it will further slow do...
- E-retailers clearing up smartphone stocks via pre-GST salesTo clear inventories sourced from states with lower tax than the proposed 12% GST, online marketplaces like Amazon and Flipkart are set off...
- Handset makers, distributors wary ahead of GST roll out: IDCChinese incursion in the smartphone space has lead to a shift in market shares.
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