Budget 2012: Brace yourself for costlier PCs, mobiles and laptops

As the Union Budget 2012 wheeled to an end, yesterday, one the nation's most followed events drew collective reactions from all quarters of the society, since this is one event, which invariably affects everyone - one way or the other. The tech industry, being no exception to this rule was in for a mixed bag of goodies. For starters, as a Times of India report confirms, post Budget 2012 buying personal computing gadgets and accessories, including desktops, laptops, tablets, printers, UPS and mobile phones is going to be a costly affair - all thanks to a 2 percent hike in the excise duty, taking it to 12 percent. Quoting S Rajendran, Chief Marketing Officer of Acer India, the report states, "The prices of all our PCs will rise by 2%. A Rs 25,000 PC will now cost an extra Rs 500." Click here for full story