Govt unveils tax overhaul to woo global investors, boost manufacturing
- Posted on August 4, 2026
- By Business News Today
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- 1 min read
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Govt unveils tax overhaul to woo global investors, boost manufacturing
A new bill aims to attract foreign investment and support key industries. It eases rules for offshore funds and global fund managers operating from India. Tax exemptions are extended for electronics manufacturing and diamond trading activities. Digital infrastructure development is also a major focus of these proposed changes. These measures seek to enhance India's global economic competitiveness and investment appeal.
