{"id":959378,"date":"2025-09-04T10:29:21","date_gmt":"2025-09-04T04:59:21","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=959378"},"modified":"2025-09-04T12:25:05","modified_gmt":"2025-09-04T06:55:05","slug":"polymatech-seeks-tax-holiday-to-power-semiconductor-growth","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/04\/polymatech-seeks-tax-holiday-to-power-semiconductor-growth\/","title":{"rendered":"Polymatech seeks tax holiday to power semiconductor growth"},"content":{"rendered":"<p>Chennai-based Polymatech Electronics has urged the government to grant income and corporate tax holidays for the semiconductor sector, arguing that fiscal relief, rather than subsidies, will give the industry long-term momentum.<\/p>\n<p>\u201cWe are not seeking taxpayer money. Instead, we request a 10-year tax holiday and removal of import duties on machinery and raw materials,\u201d Eswara Rao Nandam, CEO of Polymatech Electronics, said. He noted that several countries had provided similar support to semiconductor makers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chennai-based Polymatech Electronics has urged the government to grant income and corporate tax holidays for the semiconductor sector, arguing that fiscal relief, rather than subsidies, will give the industry long-term momentum. \u201cWe are not seeking taxpayer money. Instead, we request a 10-year tax holiday and removal of import duties on machinery and raw materials,\u201d Eswara Rao Nandam, CEO of Polymatech Electronics, said. He noted that several countries had provided similar support to semiconductor makers.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-959378","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/959378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=959378"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/959378\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=959378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=959378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=959378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}