India hikes tax on mobile phone imports in a move which will hurt Apple most
India has increased its import tax on mobile phones from 10% to 15%, a move which will hit Apple harder than other smartphone manufacturers. The tax on video cameras has been increased by the same amount, while that on televisions has been doubled to 20%.
The government made the announcement late last night, as part of its Made In India initiative, a program designed to encourage companies to manufacture products within the country …
from 9to5Mac http://bit.ly/2ocjAOW
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