Finance Minister has increased the duty on Mobile Phones from 1 to 6 percent,but there is no increase in the price of basic cell phones priced till 2K.
Let me explain it to you in a simpler language.For a rise of every Rs10000 the price will rise by Rs 495.Which means the cell phone priced at 10K will now cost 10,495.A 20K cell phone will cost 20,990 and continued.What impact will it have on consumer behavior is still to be seen but I don't think anything positive will come out of it .
via-ndtv
Let me explain it to you in a simpler language.For a rise of every Rs10000 the price will rise by Rs 495.Which means the cell phone priced at 10K will now cost 10,495.A 20K cell phone will cost 20,990 and continued.What impact will it have on consumer behavior is still to be seen but I don't think anything positive will come out of it .
via-ndtv
