Relief is expected from Budget 2025, prices of Smartphones and these products may be reduced, people will benefit.

People are expecting relief from Budget 2025. Actually, the people struggling with inflation are hopeful that this time their pockets will be taken care of in the budget and they will be able to get products at a lower price than before.

Budget 2025: Now only a few days are left for the presentation of the general budget. On February 1, the country's Finance Minister Nirmala Sitharaman will present the general budget. The people struggling with inflation are expected to get relief from the budget. Talking about the tech sector, the prices of phones and other electronic products may come down. Let us know what the expectations of this sector are from the budget and whether the burden on their pockets to buy smartphones and other products will be reduced.

Demand has been made to reduce import duty.

It is expected that the government can give some relief to the people buying a new smartphone in this budget. Actually, the phone manufacturing companies had demanded the government to reduce the import duty. If the import duty on the device used in the phone is reduced, it means that people will have to pay less for the phone. The government can announce a reduction in import duty in the budget.

Other electronic products can also become cheaper.

Apart from mobiles, other electronic products can also become cheaper in the budget. Like phone companies, the Indian Cellular and Electronics Association has also made such a demand from the government. Actually, the association wants the government to reduce the tax on the components used in these products. If this demand is accepted, then the prices of many products including smart TVs can come down.

Relief is expected in the telecom sector too.

Telecom companies are also demanding reductions in import duty and license fees etc. If the government accepts this demand, then the companies will get relief. They can increase their investment in infrastructure, which will provide better service to more customers. In such a situation, the eyes of the whole country are fixed on the budget to be presented on February 1.