Mobile GST hike gives government more than PLI outlay: Industry Executives
The incremental GST of 6% on mobile phones has raked in ₹42,897 crore over the last three financial years, topping the nearly ₹39,000-crore outlay of the production-linked incentive (PLI) scheme for manufacturing of smartphones and making the government scheme self-sustaining, according to industry executives. In fact, the five-year smartphone PLI scheme will leave a revenue … Read more
