Now the price of smartphones and other electronic items will be reduced, such relief will be available

Union Budget 2022 : Finance Minister Nirmala Sitharaman took great care of the digital sector in her second digital budget. In Budget 2022, he has announced to reduce custom duty on many other electronic items including mobile phones, mobile chargers, transformers, camera lenses. These things will be cheaper with this decision. The Finance Minister said that the aim of the government is to increase the production of electronic items in India as much as possible. Let’s see what electronic things can be cheap.

how will the price come down

In fact, in the budget, Finance Minister Nirmala Sitharaman has announced discounts on many other electronic items and their parts, including mobile phone camera lenses, transformers and mobile phone chargers. Due to the duty concession on these, the manufacture of mobiles and other electronic items in India will be accelerated. That is, more and more companies will come forward to make it. If the cost of making them is less, then the cost will also be less. That is, people will now get mobile, phone charger and other electronic items cheap. Apart from this, the government has also said to reduce custom duty to promote the manufacture of wearable devices, audio devices, electronics smart meters in the country. This will also reduce their prices.

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Last year’s increase

Let us tell you that last year when Nirmala Sitharaman presented the budget for 2021-22, in it, custom duty on mobiles and other electronic items was increased by 2.5%. Due to this, mobiles and their parts coming from abroad used to become expensive while coming to the country. In such a situation, he used to get expensive here too.

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Reference-www.abplive.com