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