As it looks to expand its iPhone manufacturing in the country, Apple has asked India to defer a planned increase in import taxes on mobile phone parts, but the government is unlikely to accede.
The Cupertino, California-based company has been in talks with Indian officials for months, seeking “pre-requisites” — government tax breaks and incentives — for expanding its operations in India. The tech giant wants the company to defer an existing policy that plans to levy taxes on more imported mobile components in line with Prime Minister Narendra Modi’s “Make in India” drive to boost domestic manufacturing. However, India it has told Apple there’ll be no policy exemptions and be no tax breaks on parts imports, reports Reuters.
The tech giant also wants the government of India to relax labelling rules so that it doesn’t have to print product-related information directly onto devices to avoid cluttering up their minimalist design, according to The Economic Times. That’s one of the concessions Apple has sought after expressing its intention to start manufacturing in India.
Here are the top Apple-related articles at Apple World Today for the week of May…
One of the biggest reasons people are starting to lean on AI for knowledge and…
The internet offers infinite forms of entertainment, and the world of on-line gaming isn't any…
PDF Expert is a uniquely fast, reliable, easy-to-use PDF editor that is built with the…
Apple is developing a “significantly thinner version” of the iPhone that could be released next…
Apple wants its Vision Pro Personas to have more realistic hair.