Income Tax 3 October 2026
India 2026 Tax Amendment Boosts Electronics Manufacturing
India's 2026 Taxation and Other Laws (Amendment) Act provides major tax incentives for foreign companies operating in the electronics manufacturing services sector, including lower corporate tax rates, accelerated depreciation on assets, and streamlined compliance, designed to draw greater FDI and boost the domestic supply chain.
India's 2026 Taxation and Other Laws (Amendment) Act brings new tax benefits for foreign electronics manufacturers.
- Lower corporate tax rate for eligible foreign entities.
- Accelerated depreciation on plant and equipment.
- Simplified filing and compliance procedures.
These measures aim to attract foreign direct investment and expand India's electronics supply chain. Read the full analysis here.
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