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Indian manufacturers push for tax cuts and incentives to grow sector's GDP share to 25%.
The Indian manufacturing sector is urging the government to implement pro-local policies, reduce GST on consumer goods, and introduce tax reforms to boost disposable incomes ahead of the Union Budget 2025-26.
Industry leaders seek financial incentives, expanded production-linked incentives, and support for sustainable manufacturing practices, including investments in green technologies and recycled materials.
These measures aim to increase the manufacturing sector's share of GDP to 25%.
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Los fabricantes indios presionan por recortes de impuestos e incentivos para aumentar la participación en el PIB del sector al 25%.