Mobile industry raises demand for GST rate cut in Budget

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New Delhi, Jan 23 | Industry body India Cellular and Electronics Association (ICEA) has renewed its demand for reducing Goods and Services Tax (GST) for the mobile industry ahead of the Union Budget to be presented on February 1.

Terming the GST hike of 50 per cent in March 2020 as “a cruel blow” dealt to the industry, the ICEA said that the rationale presented to the GST Council for raising the rate was “flawed”.

“To achieve the goal of smartphones in the hands of every Indian and to attain a domestic mobile phone market of $80 billion, it is imperative to reduce the GST on mobile phones from 18 per cent to 12 per cent,” Pankaj Mohindroo, Chairman, ICEA, said in a statement.

ICEA also recommended Rs 500 crore budgetary allocation for establishing various Centres of Excellence for the key areas of electronics development, and a Rs 200 crore budgetary allocation for Mobile Design Centre.

Among other recommendations, the industry body sought interest subvention of 5 per cent for loans up to Rs 1,000 crore and credit guarantee of Rs 100 crore.

Regarding the homegrown handset makers, the ICEA said the “government is extremely supportive of building Indian champion companies which can be global leaders in the sub-$200 entry level mobile phone segment”.

“It is strongly recommended that a budget head should be opened in the Union Budget with an allocation of Rs 1,000 crore to begin with. Indian champion companies will build a strong supply chain and this investment will pay disproportionate dividends to our nation,” ICEA said.

Source: IANS

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From being a developer to a CEO in California, Manthan Dudeja's top tips to make money while you're still in college

From being a developer to a CEO in California, Manthan Dudeja's top tips to make money while you're still in college

Gone are the days when one had to finish school, college and subsequent years in getting trained to be able to sustain oneself with decent income. Today, what you earn eventually depends upon your skillset and how early you got started to build an expertise in your domain.

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Manthan explains how he started off by writing for blogs with whatever knowledge he had and with the help of internet, this could be by either writing for your own online blog, for instance Manthan was interested in Tech, so he was writing for his blog ‘TechCrack‘ or for someone else in the capacity of a content writer.

It’s not difficult to get started if you have the basic understanding to develop a ‘flow’ while writing a piece and the skill to write what suits your target audience.

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Your journey to become a digital marketer starts the day you take the step of self-educating yourself and learning the tricks to attract potential customers either by way of Google, Facebook, or any other digital platform by a host of scalable ways on the internet, undoubtedly, digital marketing is the hottest online work from home concept of this decade.

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These are some of the best ways to get started, according to Manthan, all

 

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