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MOBILE GST HIKE
Indian two-wheeler industry to see moderate growth at 3-5% in FY27: ICRAIndia's two-wheeler sector anticipates a modest 3-5% wholesale volume growth in FY27, according to ICRA. While domestic demand and exports ...- 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 ...
- Time for investors and traders to think alike? 7 Nifty Auto stocks with an upside potential of up to 19%There are sectors that have not quite followed the war script. Take the auto sector, for instance. A surge in oil prices is supposed to be ...
- Petrol, Diesel prices today (June 16, 2026): Fuel rates remain unchanged across major Indian citiesFuel prices held steady on June 16, 2026, providing relief after recent hikes. Global oil prices saw a rebound due to supply concerns and g...
- 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 ...
- Stock picks of the week: 5 stocks with consistent score improvement and upside potential of up to 35%The price hikes in petrol and diesel follow the increase in the duty on gold. The way these hikes are being implemented makes it clear that...
- Tata Motors turns cautious on capex amid West Asia war headwindsTata Motors is proceeding with caution on its spending plans. The West Asia crisis has created several challenges for the company. Despite ...
- Maruti Suzuki lines up record capex of Rs 14k cr to add capacityMaruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet risin...
- 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....
- Mobile phone makers call for 5% GST slab for handsetsThe mobile phone industry wants a lower GST rate. Currently, it is at 18%. The industry requests the government to reduce it to 5%. They sa...
- Hike lays off around 55 people after GST hike on online gamingThe development comes within a week of gaming unicorn Mobile Premier League (MPL) laying off about half of its India team or close to 350 p...
- 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...
- Handset companies hike prices of mobile phones on high GST“The rupee has depreciated significantly against the US dollar. Since we maintain less than 5% profit margin for all our hardware products,...
- Mobile phone makers seek rollback of GST increaseIn a recent letter to finance minister Nirmala Sitharaman, the Indian Cellular & Electronics Association (ICEA) said the hike in the GST ra...
- Handset companies say GST hike will hit jobs, consumersHandset makers and mobile retailers said the proposed GST hike on mobile phones is a “counter-intuitive and insensitive” move that will pla...
- GST hike on phones will lead to job losses, dampen investments: Handset makers, retailersThe decision to hike GST on mobile phones to 18% from 12% was taken at the GST Council meeting chaired by finance minister Nirmala Sitharam...
- Bengal FM against GST hike for mobilesIn the letter, Mitra said that the proposal should not be considered in the GST Council meeting on Saturday. "May I urge you not to make an...
- Cellphone retailers appeals to Finance Minister requesting her not to raises taxes on mobile phones"We strongly appeal to you to not increase GST on mobiles. The increase of 6% would directly lead to hike in prices of product, impacting c...
- Appliance makers bat for manufacturing incentives in Budget 2018The makers are also expecting tax reduction on the energy efficient 5 star and 4 star products to increase adoption by the consumers.
- GST: Small retailers still selling mobile phones, gadgets at old ratesConsumer electronics industry insiders said backdated billing may continue for next couple of days till fresh stock billed on GST rate arri...
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