Finance Minister Nirmala Sitharaman presented the General Budget for 2024-25 on Tuesday. Many big announcements were made for every section in the budget. There was also an announcement in the Union Budget which may increase the burden of pockets of mobile phone users in future. Actually, the Union Minister announced an increase in the duties of Printed Circuit Board Assemblies (PCBA) on Telecom Equipment in the budget. This can have a direct impact on mobile users.
In early July, the country’s three major telecom companies Reliance Jio, Airtel and Vi had increased the prices of their recharge plans. Now due to the increase in duties of Printed Circuit Board Assemblies (PCBA) on Telecom Equipment, telecom companies can make their recharge plans expensive.
5G rollout may also be affected
The increase in the prices of telecom equipment can also affect the work of 5G rollout. Let us tell you that due to the increase in the prices of telecom equipment, telecom companies may have to pay more operational cost than before and due to this, customers may once again have to face an increase in the prices of recharge plans.
Many big announcements in the Union Budget
The increase in PCBA prices can also affect the network expansion work of telecom companies. The increase in prices will also increase the financial burden on telecom companies. The direct impact of which can be seen on the rollout of 5G. The Finance Minister also made a big announcement to reduce the prices of smartphones in the general budget. Along with this, in the Union Budget, the company announced to reduce the custom duty on lithium batteries. You will also see its effect in the prices of smartphones.
