Realme Increases Phone Prices Due to GST Hike; Here Are the New Prices

As theincreased GST(goods and services tax) rate on smartphones goes into effect in India, most phone makers are announcing the updated prices for their entire portfolio today. AfterXiaomi, Samsung, andApple, Chinese giant Realme has confirmed that it is increasing the price of its smartphones as well.

In an official statement, attached below, Realme boasts thatit’s the first time that the company is hiking phone pricessince the second half of 2018. The reasons cited are all the same. A 50% increase in GST on smartphones (from 12% to 18%) in India, rupee depreciation, and supply chain shortages due to the COVID-19 outbreak are the key reasons for the price hike. You can read Realme’s official statement in the letter attached below:

The letter further mentions that the updated prices for Realme phones can be found on the company’s official website. Well, that’s true. The recently launchedRealme 6and6 Prowere already unveiled at higher price tags compared to their predecessor. But, with the former now starting at Rs. 13,999 and the latter still sitting a notch above thePoco X2at Rs. 17,999 could draw even more criticism from the fans.

The updated retail prices are now live and we’ve made it easier for you to spot the price difference (before and after comparison) with the table attached below:

As you can see, Realme has bumped up the prices of the budget phones by Rs. 1,000 whereas the flagship phones have received Rs. 2,000 – Rs. 3,000 price increase. Theupcoming Narzo series, as previously revealed by Realme India CEO Madhav Sheth, will not see any price hikes. The company will absorb the GST hike for its upcoming phone series. You can head tothis linkto check out the updated prices for the rest of the smartphones in Realme’s lineup.

So yeah, every phone maker has shared the revised prices list for its portfolio in India to combat the 50% GST hike levied on smartphones. Were you planning to buy any of these Realme phones after the lockdown? Do you still plan to? Do let us know in the comments below.

Anmol

Getting my start with technology journalism back in 2016, I have been working in the industry for over 7 years. Currently, as the Editor of Beebom, I’m leading the coverage on the website. While my expertise lies in Android, Windows, and the apps world, find me reading manga, watching anime, and playing Apex in my free time.

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