Pricing for the iPhone, iPad cut by Apple in India following tax reform

Apple, which has been looking to replace slumping iPhone and iPad sales in China by picking up the pace in India, has cut the prices of its devices in the latter country. The price adjustments coincide with sales-related tax reform for Indians. Prices of iPhone models are now 4% to 7.5% lower following the implementation on July 1st of the Goods and Services Tax (GST). This single tax replaces different taxes imposed by both central and state governments.

With the new pricing, the Apple iPhone SE, which is manufactured locally in the country, has been cut from Rs 27,200 to Rs 26,000. Converting ...