Raising taxes has led to a drop in sales of mobile phones in India

The Indian government has decided to take advantage of the fact that the local mobile communications market is experiencing a boom, and increased the tax rate from 4% to 12.5%. This decision was implemented at the beginning of the month and implemented in the second-largest population (91 million), Maharashtra, which is located and the biggest city in the country - Mumbai. The local mobile phone vendors have tried to protest but the decision did not happen. Perhaps the results of increasing the tax will force officials to reconsider their opinion after the results became known to raise taxes. By July 23, the level of incidence of sales amounted to more than 70%, which is not to raise taxes, and their 25% fall.

To date, the Indian market for mobile telephony - most rapidly in the world.