No import / custom duty on electronics up to Rs. 50K
Quite awesome - the Government of India has decided to scrap the custom duty on electronics of value up to Rs. 50,000. The official notification is available here: #-Link-Snipped-# . Here's a quick screenshot (click to open in full view)
In short, this means that the huge difference among the high-end smartphones in USA and other foreign countries vs. their pricing in India will no longer exist. Interesting, right?

In short, this means that the huge difference among the high-end smartphones in USA and other foreign countries vs. their pricing in India will no longer exist. Interesting, right?
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