• ELECTRONICS
    Union Minister asks electronics manufacturers to take full advantage of tax incentives

    Union Minister Ravi Shankar Prasad on September 20 exhorted electronics and mobile makers to take full advantage of the tax incentives announced by the government, saying the latest measures underlined the commitment to transform India into a manufacturing hub. The comments came after the government slashed the tax rate for companies by almost 10 percentage […]

  • ELECTRONICS
    Budget 2018: Home Appliances Makers Call For Lower Taxes, More Incentives

    Panasonic is looking for a hike in the customs duty for ACE products category such as washing machines. New Delhi: Consumer durables and home appliances makers like Godrej Appliances, Panasonic, Philips Lighting and Intex want the government to lower taxes, give incentives to local manufacturing and increase customs duty on imports. Besides, the ACE (Appliances […]

  • ALL DEALS
    Govt may form panel to select start-ups eligible for incentives

    In August, while delivering the Independence Day address from the ramparts of the Red Fort, Modi floated the slogan “Start-up India, Stand up India” to encourage innovation and entrepreneurship among young people. Photo: Bloomberg New Delhi: The government is likely to set up an inter-ministerial board on the lines of the Foreign Investment Promotion Board […]