Budget aims to deepen electronic goods value chain; capex target disappoints industry
The BSE Capital Goods Index dropped more than 3% on Saturday as the government announced a capital expenditure budget of ₹11.2 trillion for FY26, almost the same as in FY25.
BCD revision on key electronics components to boost local manufacturing
The revision of Basic Customs Duty (BCD) on key electronics items will strengthen the 'Make in India' initiative and help ...
Mobile phones, LED TVs, to get cheaper; electronics manufacturing to double
Finance Minister Nirmala Sitharaman has announced crucial reductions in import duties on several key components.
India axes import tax on smartphone parts
India's electronics production has more than doubled in the last six years to $115 billion in 2024, with the country now becoming the world's second-largest mobile phone manufacturer. Apple led the ...
Budget 2025 technology announcements: From AI to TVs, phones, deep-tech startups, GCCs and telecom, six key takeaways
The budget aims to enhance India's tech economy through customs duty hikes, a deep-tech fund, and an AI education centre.
Tax Guru22h
FAQs on Customs Duty, Tariff Rationalization & Duty Changes by Budget 2025
This FAQ guide provides clarity on key aspects of customs duties and tariff structure updates in Budget 2025-26. Basic Customs Duty (BCD) is levied on imported ...
Budget 2025: Import duty tinkering to see states receiving less
A similar sharp reduction was applied to ‘Used motorcycles (including mopeds) and cycles fitted with an auxiliary motor, with or without sidecars, under a tariff heading’, where the BCD was reduced ...