Mobile phone companies push for tax relief to drive up sales

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The Indian mobile phone industry is urging Prime Minister Modi to reduce the GST on handsets to 5%, highlighting that the increased 18% levy since 2020 has cost them ₹81,800 crore. Smartphone sales have stagnated, and the industry argues the higher GST is hindering growth and affordability, despite India becoming the world's second-largest mobile phone manufacturer.