{"id":836881,"date":"2024-07-24T10:43:45","date_gmt":"2024-07-24T05:13:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=836881"},"modified":"2024-07-24T10:43:45","modified_gmt":"2024-07-24T05:13:45","slug":"budget-2024-prices-of-mobile-phones-may-fall-with-proposed-duty-cuts","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/24\/budget-2024-prices-of-mobile-phones-may-fall-with-proposed-duty-cuts\/","title":{"rendered":"Budget 2024: Prices of mobile phones may fall, with proposed duty cuts"},"content":{"rendered":"<p>The government has proposed to reduce basic customs duty on mobile phones, printed circuit board assembly for mobile phones, and mobile phone chargers to 15%, along with exempting duties on critical minerals required for making components in the union budget for FY 2025. As a result, prices of mobile phones which are imported as completely built units, are likely to get cheaper by just a bit, say experts.<\/p>\n<p>&#8220;Prices of premium mobile phones may see a reduction by 1-2% with the duty cuts, while budget phone prices may remain unchanged. It will be up to the smartphone brands to pass on any cost benefits achieved to the end consumer,&#8221; said Tarun Pathak, research director, Counterpoint Research.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government has proposed to reduce basic customs duty on mobile phones, printed circuit board assembly for mobile phones, and mobile phone chargers to 15%, along with exempting duties on critical minerals required for making components in the union budget for FY 2025. As a result, prices of mobile phones which are imported as completely built units, are likely to get cheaper by just a bit, say experts. &#8220;Prices of premium mobile phones may see a reduction by 1-2% with the duty cuts, while budget phone prices may remain unchanged. It will be up to the smartphone brands to pass [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-836881","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=836881"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836881\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=836881"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=836881"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=836881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}