Mobiles, TVs to get costlier as govt hikes duty on electronic products

The government has raised import duty on a slew of electronic products, including mobile phones, television sets, digital cameras and microwave ovens, to curb overseas supplies and encourage local manufacturing. The increase is in the range of five to 10 percentage points.
 
The move is expected to boost local manufacturing in the long run. It might lead to price hikes across categories in the next few months. The duty increase could, however, help the exchequer, which is under pressure due to lower tax collections from the goods and services tax (GST).
 
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