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. Click here for full story
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
