India is expecting Job Opportunities in exchange of Tax benefits from Apple.
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India is expecting Job Opportunities in exchange of Tax benefits from Apple.

  shahid nazir

Recently Apple has started its initial production of 4-inch iPhone SEs last month at a Wistron Corporation plant in Bengaluru in Karnataka and pleads for tax concessions from the Indian Government. But India wants Apple Incorporation to create job opportunities and perpetrate to investment after that Indian Government will consider the company’s plea for tax concessions.

India is expecting Job Opportunities in exchange of Tax benefits from Apple.

Narendra Modi the Prime Minister Indian Government has question the US Company to give the details of investment it plans to circulate into the country and the substantial number of jobs the investment will create.

The Indian Government to promote its ‘Make in India’ policy, has been persuading foreign investors to make products in the country. Government aims to boost the share of local manufacturing in the $2 trillion economy and create jobs.

Previous year, Apple had availed heap of incentives, including fewer duties for importing equipment and components for a period of 15 years. Now, the finance ministry refuses the company’s request. However India’s Central Government is not ready to give company-wise tax benefits, but it is get ready to consider the whole sector for concessions to bolster manufacturing in the country.

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