India Moves to Extend Tax Break Apple Lobbied For

MacRumors
By Hartley CharltonAug 3, 2026, 11:59 am113 ptsTrending
India has proposed extending tax breaks until 2041 for foreign companies that supply machinery to their contract manufacturers, handing a win to Apple as it expands iPhone production in the country, Reuters reports. Introduced in February, the exemption previously ran only until 2031, and Apple had long since…

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