India proposes tax-break extension to strengthen electronics manufacturing pull

The proposed Taxation and Other Laws (Amendment) Bill, 2026 would extend incentives for foreign suppliers to electronics contract manufacturers through March 2041, supporting India expansion plans linked to companies including Apple and Google. Data-centre service exemptions could run through March 2047.

— Filed Mon, 3 Aug, 2026, 21:47 IST · Source Financial Express · BrandWagon · Updated

India’s proposed 2026 tax Bill extends incentives for foreign suppliers to electronics contract manufacturers and bonded warehouses, aiding planned India manufacturing expansion by firms including Apple and Google. It also proposes data-centre, payments and foreign-fund tax-rule changes.