Union Finance Minister Nirmala Sitharaman, presenting the Budget 2025-26 on Saturday, introduced some key changes in basic customs duties (BCDs) that will impact the prices of various goods.
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Notably, the Basic Customs Duty (BCD) on mobile phones, chargers, and printed circuit board assemblies (PCBAs) has been ...
Reduction in customs duties on key components aims to make smartphones and TVs more affordable while boosting India's electronics manufacturing sector.
According to the Union Budget document released on February 1, the government is reducing BCD from 2.5% to nil on sub-parts used in the manufacturing of PCBAs, camera modules, connectors, wired ...