The Finance Minister of India just presented the Union Budget for 2010-2011 and some good news on the mobile front. Mobile phones and accessories are bound to get cheaper.
To encourage the domestic manufacture of mobile phones accessories, exemptions from basic, CVD and special additional duties are now being extended to parts of battery chargers and hands-free headphones. The validity of the exemption from special additional duty is being extended till March 31, 2011.
Looks like the Government wants to encourage domestic manufacturing of cellphones and accessories.
3G will soon become a reality and government expects to raise around Rs.36000 crore from 3G auctions which are starting soon.
But sadly there is no change in VAT on mobile phones which is pretty high in stats like Maharashtra.