Govt may earn more than Rs 1,800 cr from mobile tax hike next fiscal

The governments decision to hike the excise duty on phones priced above Rs 2,000 is going to fetch it a lot of money in the coming financial year.

March 02, 2013 / 12:30 IST

The government’s decision to hike the excise duty on phones priced above Rs 2,000 is going to fetch it a lot of money in the coming financial year. According to Business Standard, the government could earn somewhere between Rs 1,800 crore and Rs 2,700 crore in 2013-14 from mobile tax, depending upon the average cost of phones in the country.

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first published: Mar 2, 2013 12:16 pm

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