Apple reduces iPhone prices in India, here are all the new prices

The Finance Minister Nirmala Sitharaman reduced the basic customs duty on mobile phones, chargers and some components as part of the Union Budget 2024. This decrease has been a major demand by the electronics manufacturing industry. Currently, imported smartphones sold in India attract 18% GST and 22% customs duty (20% basic and 2% surcharge). The surcharge, which is 10% of the basic customs duty, will remain.