Budget 2025: Union Finance Minister Nirmala Sitharaman will present the budget today. In this, some relief can be given to people who buy smartphones and other electronics products. It is expected that the government can reduce import duty and lighten the burden on the pockets of people who buy smartphones etc. Let us know what the tech sector had demanded from the Finance Minister and is the government considering giving relief to the people.
Demand to reduce import duty
There are estimates that the government can make some provisions in this budget for the people struggling with inflation. These may also include reducing the price of smartphones and electronics items. The phone manufacturer had demanded the government to reduce import duty. If the government cuts import duty, then people will directly benefit from it and they will have to pay less money to buy a new phone. It is believed that Sitharaman can announce it today.
Other electronic items are also expected to be cheaper
In the budget, import duty can be announced on smartphones as well as other electronics items. Like the phone companies, the Indian Cellular and Electronics Association has also demanded the government to reduce import duty. If the government accepts the demand, then customers will also have to pay less money for smart TV and other electronics items. In such a situation, the eyes of the people will remain on the budget speech of Finance Minister Sitharaman today.
Such demand for telecom sector also
Telecom companies have also demanded to reduce import duty and license fees etc. They say that if their demand is considered then they will get financial relief. With this money, it can increase its investment on infrastructure, so that customers will get better service.
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