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GST, Visa Fees, Mobile Data Charges & More: Key Changes From January 1 That Will Affect Your Finances And Planning
Key updates include stricter GST compliance measures, the launch of Thailand's global e-visa system, streamlined US visa rules, ITC Hotels' demerger, and new telecom regulations for Jio, Airtel, Vodafone, and BSNL.
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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
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Why Imported Phones May Become Cheaper After Union Budget
Finance Minister Nirmala Sitharaman has slashed customs duty on mobile phones and their components, a move that could see a reduction in prices of imported handsets
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Budget 2024: What Is Cheaper, What Is Costlier?
Finance Minister Nirmala Sitharaman today announced a major reduction in customs duty on cancer medicines and mobile phones, which will significantly bring down their prices in the retail market.
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Union Budget 2024: Key Takeaways, Technology-Related Announcements Made by Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 making history as the first finance minister to present seven union budgets. The latest budget slashes the basic customs duty (BCD) on mobile phones and related components to 15 percent and makes other provisions related to the space and technology sector.
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India And US To Launch 10,000 Electric Buses, Transforming Public Transportation
The joint effort represents a crucial step towards addressing the climate crisis, with both nations demonstrating their commitment to sustainable and eco-friendly solutions.
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TRAI Invites Public Comments on Ways to Make Smartphone Affordable in India
Telecom regulator TRAI on Thursday invited public comments to explore ways and means to make smartphone affordable in the country for digital inclusion. The Telecom Regulatory Authority of India (TRAI) as part of its consultation paper on "Digital Inclusion in the Era of Emerging Technologies" will assess if measures taken by the government such as...
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Central Government Officers Entitled To Electronics Up To Rs 1.3 Lakh
Central government officers will be entitled to mobile, laptop or similar devices costing up to Rs 1.3 lakh, which can be retained by them for personal use after 4 years.
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Google's June Update Brings New Features, Three Widgets to Android: All Details
Google announced new updates and features today for Android smartphones, tablets, and Wear OS smartwatches on Thursday. It has added new widgets for Google Finance, Google TV, and Google News.
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World Bank Group's IFC to Invest Rs. 600 Crore in Mahindra's New EV Unit for Last-Mile Electric Mobility
Mahindra & Mahindra on Wednesday said World Bank Group arm IFC will invest Rs. 600 crore in a new unit of the company, which is being incorporated to scale up the last-mile electric mobility business.
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World Bank Arm To Invest $73 Million In Mahindra's Last Mile Electric Mobility Unit
Automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank's private investment arm, International Finance Corp (IFC), will invest 6 billion rupees ($72.58 million) in the company's last mile electric mobility unit.
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Budget 2023: Extend Camera Lens Duty Concession to Other Electronic Segments ELCINA Says
Electronic components industry body ELCINA on Thursday asked the government to extend the duty concession on camera lenses and their components to all other electronic product segments that use camera modules. The government has also reduced customs duty on parts of open cells of TV panels from 5 percent to 2.5 percent.
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Budget 2023: Fully Imported Cars, Including EVs, to Cost More After 10 Percent Customs Duty Hike
Fully imported cars, including electric vehicles will cost more with Finance Minister Nirmala Sitharaman announcing hike in customs duty in the Union Budget 2023-24. The Finance Minister also noted that replacing old polluting vehicles is an important part of "greening the country's economy".
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Budget 2023: Government Lowers Customs Duty on Mobile Phone Parts, TVs
During her speech presenting the Union budget for 2023-24, Finance Minister Nirmala Sitharaman on Wednesday announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing. Sitharaman also announced that customs duty on parts of open cells of TV panels would be cut to 2.5 percent.
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Push To Mobile Manufacturing, Customs Duty On Import Of Parts Slashed
In her Budget 2023-24 speech, the finance minister said India's mobile phone output rose from 5.8 crore units in 2014-15 to 31 crore units last fiscal.
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GST, Visa Fees, Mobile Data Charges & More: Key Changes From January 1 That Will Affect Your Finances And Planning
Key updates include stricter GST compliance measures, the launch of Thailand's global e-visa system, streamlined US visa rules, ITC Hotels' demerger, and new telecom regulations for Jio, Airtel, Vodafone, and BSNL.
-
Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
-
Why Imported Phones May Become Cheaper After Union Budget
Finance Minister Nirmala Sitharaman has slashed customs duty on mobile phones and their components, a move that could see a reduction in prices of imported handsets
-
Budget 2024: What Is Cheaper, What Is Costlier?
Finance Minister Nirmala Sitharaman today announced a major reduction in customs duty on cancer medicines and mobile phones, which will significantly bring down their prices in the retail market.
-
Union Budget 2024: Key Takeaways, Technology-Related Announcements Made by Finance Minister Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget 2024-25 making history as the first finance minister to present seven union budgets. The latest budget slashes the basic customs duty (BCD) on mobile phones and related components to 15 percent and makes other provisions related to the space and technology sector.
-
India And US To Launch 10,000 Electric Buses, Transforming Public Transportation
The joint effort represents a crucial step towards addressing the climate crisis, with both nations demonstrating their commitment to sustainable and eco-friendly solutions.
-
TRAI Invites Public Comments on Ways to Make Smartphone Affordable in India
Telecom regulator TRAI on Thursday invited public comments to explore ways and means to make smartphone affordable in the country for digital inclusion. The Telecom Regulatory Authority of India (TRAI) as part of its consultation paper on "Digital Inclusion in the Era of Emerging Technologies" will assess if measures taken by the government such as...
-
Central Government Officers Entitled To Electronics Up To Rs 1.3 Lakh
Central government officers will be entitled to mobile, laptop or similar devices costing up to Rs 1.3 lakh, which can be retained by them for personal use after 4 years.
-
Google's June Update Brings New Features, Three Widgets to Android: All Details
Google announced new updates and features today for Android smartphones, tablets, and Wear OS smartwatches on Thursday. It has added new widgets for Google Finance, Google TV, and Google News.
-
World Bank Group's IFC to Invest Rs. 600 Crore in Mahindra's New EV Unit for Last-Mile Electric Mobility
Mahindra & Mahindra on Wednesday said World Bank Group arm IFC will invest Rs. 600 crore in a new unit of the company, which is being incorporated to scale up the last-mile electric mobility business.
-
World Bank Arm To Invest $73 Million In Mahindra's Last Mile Electric Mobility Unit
Automaker Mahindra and Mahindra Ltd said on Wednesday that World Bank's private investment arm, International Finance Corp (IFC), will invest 6 billion rupees ($72.58 million) in the company's last mile electric mobility unit.
-
Budget 2023: Extend Camera Lens Duty Concession to Other Electronic Segments ELCINA Says
Electronic components industry body ELCINA on Thursday asked the government to extend the duty concession on camera lenses and their components to all other electronic product segments that use camera modules. The government has also reduced customs duty on parts of open cells of TV panels from 5 percent to 2.5 percent.
-
Budget 2023: Fully Imported Cars, Including EVs, to Cost More After 10 Percent Customs Duty Hike
Fully imported cars, including electric vehicles will cost more with Finance Minister Nirmala Sitharaman announcing hike in customs duty in the Union Budget 2023-24. The Finance Minister also noted that replacing old polluting vehicles is an important part of "greening the country's economy".
-
Budget 2023: Government Lowers Customs Duty on Mobile Phone Parts, TVs
During her speech presenting the Union budget for 2023-24, Finance Minister Nirmala Sitharaman on Wednesday announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing. Sitharaman also announced that customs duty on parts of open cells of TV panels would be cut to 2.5 percent.
-
Push To Mobile Manufacturing, Customs Duty On Import Of Parts Slashed
In her Budget 2023-24 speech, the finance minister said India's mobile phone output rose from 5.8 crore units in 2014-15 to 31 crore units last fiscal.
