On February 1st, the Finance Minister will unveil the national Budget detailing finance strategies. This year, anticipated personal income tax reforms could alleviate tax burdens and encourage compliance. Additionally, significant divestments in public sector enterprises might counterbalance revenue shortfalls and stimulate market optimism.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said