{"id":989158,"date":"2026-02-02T08:00:39","date_gmt":"2026-02-02T02:30:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=989158"},"modified":"2026-02-02T08:14:49","modified_gmt":"2026-02-02T02:44:49","slug":"budget-2026-hands-apple-a-win-by-letting-foreign-firms-fund-equipment-for-manufacturers","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/02\/02\/budget-2026-hands-apple-a-win-by-letting-foreign-firms-fund-equipment-for-manufacturers\/","title":{"rendered":"Budget 2026 hands Apple a win by letting foreign firms fund equipment for manufacturers"},"content":{"rendered":"<p>India&#8217;s government \u2060on Sunday handed a major win to Apple by allowing foreign companies to freely provide machines to their contract manufacturers set up in certain areas for five years, without fearing any tax risk. <\/p>\n<p>Smartphone manufacturing is a key plank of Prime \u200cMinister Narendra Modi&#8217;s agenda, \u200cbut Apple had been lobbying India&#8217;s government to modify its income tax laws to ensure the company is not taxed for ownership of \u200chigh-end iPhone machinery it provides to its contract manufacturers.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s government \u2060on Sunday handed a major win to Apple by allowing foreign companies to freely provide machines to their contract manufacturers set up in certain areas for five years, without fearing any tax risk. Smartphone manufacturing is a key plank of Prime \u200cMinister Narendra Modi&#8217;s agenda, \u200cbut Apple had been lobbying India&#8217;s government to modify its income tax laws to ensure the company is not taxed for ownership of \u200chigh-end iPhone 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-989158","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\/989158","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=989158"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/989158\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=989158"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=989158"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=989158"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}