Telecom stocks jump upto 10% after ₹95,298 Cr allocation & customs duty cut on Ethernet Switches
On Saturday, 1st February, Finance Minister Nirmala Sitharaman proposed an allocation of Rs. 95,298 crores for the information technology (IT) and telecommunications sectors in the Union Budget for 2025-26. Additionally, to prevent classification disputes, Sitharaman also propos reducing the Basic Customs Duty (BCD) on Carrier-Grade ethernet switches from 20 percent to 10 percent, bringing it … Continue reading Telecom stocks jump upto 10% after ₹95,298 Cr allocation & customs duty cut on Ethernet Switches
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