5-Year Tax Break: How Apple iPhone Production in India Will Skyrocket!

Apple iPhone production India boosted with 5-year tax exemption

Finance Minister Nirmala Sitharaman presented a major policy victory for multinational IT companies like Apple in her Budget 2026 speech on February 1. Apple and the Five-Year Tax Exemption International corporations can now provide machines to local contract manufacturers for up to five years without incurring additional tax liabilities. In an effort to lessen its … Read more