While formal announcement of the specifics is awaited, any reduction in duties on US products would make certain technologically advanced imports more cost-effective, enabling Indian businesses to modernise and further strengthen their manufacturing capabilities, notes Munjal Almoula, Managing Partner, Tax & Regulatory Advisory at BDO India, in his exclusive column on the India-US trade deal.
Source link
Share via:
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
India–US trade framework: Why it's a strategic boost for ‘Make in India’
While formal announcement of the specifics is awaited, any reduction in duties on US products would make certain technologically advanced imports more cost-effective, enabling Indian businesses to modernise and further strengthen their manufacturing capabilities, notes Munjal Almoula, Managing Partner, Tax & Regulatory Advisory at BDO India, in his exclusive column on the India-US trade deal.
Source link
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi
