TV sets to get cheaper: Budget 2014

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Thakur

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MUMBAI:Even as India has one of
the highest cable TV homes in the
world,it is set to get even higher
with the latest announcement from
Finance Minister Arun Jaitley for
Budget 2014. While speaking in the Parliament, Jaitley stated
that electronic goods such as TV sets and
personal computers will be cheaper. He has
announced proposal to make cathode ray tube
(CRT) TVs cheaper as well as encourage
manufacture of LED and LCD panels of TVs.
The basic custom duty on LED panels below 19
inches will be made nil. CRT TVs have also been
exempted from custom duty to help the poor.
The announcements have been made to boost
the domestic manufacturing sector.
Soon after the announcement, global analytical
company providing ratings, research and risk
and policy advisory services CRISIL tweeted
that after this, the price of LCD/LED TVs (that
constitute 51 per cent of sales) will reduce by
Rs 1000. http://www.indiantelevision.com/specials/event-coverage/budget-2014/tv-sets-to-get-cheaper-budget-2014-140710
 
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