Good news to Hyderabadis….huge drop in mobile prices
Here comes a great news for Hyderabad residents. Hyderabad along with other Telangana areas, mobile phone prices will be slashed heavily after the KCR government lower the service tax on phones from 14.5% to just 5%. This move makes the phones all over the state cheaper by 10%. Government discovered that mobile sales has been moving to AP and Karnataka as both states have ongoing 5% tax on mobile phones.
Also the court interfering in tax on phones prompted the government to go ahead with the decision. The bill will come in front of the assembly pretty soon and officials hope that this move will enhance mobile sales in the state and the treasury will be boosted by about 5 crores.