Budget 2018: Imported smartphones will become expensive due custom duty 20%
Budget 2018: Imported smartphones will become expensive due custom duty 20%
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Finance Minister Arun Jaitley has raised custom duty on imported mobile phones from 15 to 20 per cent while presenting the general budget this time. With this, imported smartphones will now be more expensive than ever before. Earlier, the customs imported in India was 15 per cent customs duty. Now it has been increased 5% to 20%. 

Smartphones of companies like Apple and Samsung will become expensive, because customs duty increases, the smartphones of companies like Apple and Samsung will now be more expensive than ever before. Custom duty on mobile phones and television parts has been increased to 15 percent. With this, the smartphones will also become expensive, along with television, which contain imported parts from outside.   

Finance Minister Arun Jaitley has made a provision of Rs 10 thousand crore for the telecom sector for the financial year 2018-19. While emphasizing Digital India, the Finance Minister said that electronic payment will be made instead of cash on toll plaza.   

First indigenous 5G center to open in Chennai. Finance Minister  Arun Jaitley  allocates Rs 3,037 crore for Digital India in the budget. He said that indigenous testbed will be opened in Chennai for 5G technology. One lakh Gram Panchayats will be added under BharatNet project. The Finance Minister stressed on technology in his budget and said that technology is extremely important for improving the quality of education.   

The Finance Minister said that regional connectivity has benefited from flying plan. He said that 50 million rural areas will be brought to brand band connectivity. The Finance Minister also mentioned the machine learning technology and 3D printing in the budget.

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