The Economic Times

Tax Bill 2026 clears tax hurdles for electronics manufacturing and boosts India's global supply chain competitiveness

The Taxation and Other Laws (Amendment) Bill 2026 is a transformative measure aimed at boosting global electronics supply chains. By eliminating tax barriers for both foreign manufacturers and Indian contract producers, it ensures tax neutrality for stored components until 2041. This step underlines the governments dedication to creating a comprehensive electronics manufacturing environment in India that goes beyond mere assembly, showcasing a progressive tax framework.