Business

Budget 2025: Simplified tariff structure, lower tax on electronics sector's wish list

Budget 2025: India’s electronics industry is eyeing significant reforms in the upcoming Union Budget to address challenges like high tariffs, regulatory hurdles, and tax compliance. They propose a simplified tariff structure, tax reductions, and financial support to boost manufacturing. The industry aims for enhanced global visibility and substantial growth, targeting $500 billion in output by 2030.

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