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Import duty hike: Consumer Electronics and footwear stocks in focus

Gayathri Udyawar 0 2127 Article rating: 5.0

In a bid to reign the widening fiscal deficit gap and curb the depreciation of the Indian Rupee, the government has increased import duty on several discretionary goods. The 19 consumer items include air conditioners, refrigerator, washing machines, footwear, jewellery articles, precious metal wares and bath accessories. 


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