India has proposed extending tax exemptions until 2041 for foreign companies supplying machinery and components to contract manufacturers, a move benefiting Apple while boosting electronics exports, data centres and diamond trading.

India has proposed extending tax exemptions until 2041 for foreign companies supplying machinery and components to contract manufacturers, a move benefiting Apple while boosting…

<strong></strong>India has proposed extending a tax exemption for foreign companies that supply machinery to Indian contract manufacturers, running to 31 March 2041 instead of…