{"id":989111,"date":"2026-02-02T07:24:57","date_gmt":"2026-02-02T01:54:57","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989111"},"modified":"2026-02-02T07:31:29","modified_gmt":"2026-02-02T02:01:29","slug":"union-budget-2026-27-india-hands-apple-a-win-by-letting-foreign-firms-fund-equipment-for-manufacturers","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/02\/union-budget-2026-27-india-hands-apple-a-win-by-letting-foreign-firms-fund-equipment-for-manufacturers\/","title":{"rendered":"Union Budget 2026-27: India hands Apple a win by letting foreign firms fund equipment for manufacturers"},"content":{"rendered":"<p>NEW DELHI: India&#8217;s government on Sunday handed a major win to Apple by allowing \u200dforeign companies to freely provide machines to their contract manufacturers set up in certain areas for five years, \u2060without fearing any tax risk. <\/p>\n<p>Smartphone manufacturing is a key plank of Prime Minister Narendra Modi&#8217;s agenda, but Apple had been lobbying India&#8217;s government to modify its income tax laws to ensure the company is not taxed for \u200cownership of high-end \u200ciPhone machinery it provides to its contract manufacturers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: India&#8217;s government on Sunday handed a major win to Apple by allowing \u200dforeign companies to freely provide machines to their contract manufacturers set up in certain areas for five years, \u2060without fearing any tax risk. Smartphone manufacturing is a key plank of Prime Minister Narendra Modi&#8217;s agenda, but Apple had been lobbying India&#8217;s government to modify its income tax laws to ensure the company is not taxed for \u200cownership of high-end \u200ciPhone machinery it provides to its contract manufacturers.<\/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":[4,60,10],"tags":[],"class_list":["post-989111","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989111","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=989111"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989111\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}