The cost of mobile phones in India is likely to increase in the coming days. The tax on the components used in mobile phones is likely to increase in the coming days. The technology community will face a huge setup seeing the price rise. All the big brands have started planning their marketing news to make sure sales of their products do not affect them. Brands like Xiaomi, Vivo India, and Oppo have reportedly been accused of tax duty evasion. These companies have claimed that this transpired due to unclear information available on the customs duty charges for the key components of mobile phones. The tax levied on the components used in mobile phones is expected to increase. This will eventually increase the price of the devices.
According to the Ministry of Electronics and Information Technology the rates of components like touch panel, cover glass, gloss enhancement film, indicator guide light, reflector, LED backlight, polarizers, and an LCD controller would get expensive which would result in a price rise in the devices. Consumers are unhappy after they would be an extra hole in their pocket as time by the time everything gets expensive. The technology lovers think this may result in a break in technology advancement.