The Union cupboard on Tuesday accredited 4 semiconductor models below the India Semiconductor Mission (ISM), taking the full semiconductor models in India to 10. The 4 upcoming models – two in Odisha’s Bhubaneswar, one in Andhra Pradesh and one in Punjab’s Mohali – can have whole investments price ₹4,594 crore. 4 new chip crops cleared…
Finance Minister Nirmala Sitharaman, within the Union Price range for FY 2025-26, launched a bunch of direct tax reforms aimed toward decreasing the compliance burden, offering reduction to middle-class taxpayers, and selling financial progress. A serious spotlight of the announcement was the introduction of recent tax buildings, enhanced TDS exemptions, and initiatives to help electronics…
The federal government has disbursed Rs 1,596 crore below Manufacturing-Linked Incentive (PLI) schemes for six sectors, together with electronics and pharma, in the course of the April-September this fiscal, an official mentioned. The federal government in 2021 introduced PLI schemes for 14 sectors akin to telecommunication, white items, textiles, manufacturing of medical units, vehicles, speciality…
