NEW DELHI: Chinese handset<\/a> maker OnePlus<\/a> said that the government's move to slash corporate tax<\/a> rates would help enable brands to further strengthen their local operations in India.

\"It is a significant step in the right direction. The taxes are high in India and industry, in general, is under heavy tax burden so there was a need to rationalize taxes. The government decision is certainly a positive step,\"
Vikas Agarwal<\/a>, General Manager, OnePlus India, told ET.

The company said that it is committed to Make in India and looks to invest in long-term growth in the country.

\"We have already localized smartphones supply chain and are looking to further scaling towards making India a hub for our global operations,\" Agarwal said.

To attract fresh investment in manufacturing and boost Make In India, new provision has been inserted in the I-T Act, which allows any new domestic company incorporated on or after October 1, 2019, making fresh investment in manufacturing, and starts operations before March 31, 2023, an option to pay income tax at 15 per cent, Finance Minister Nirmala Sitharaman said on Friday.

The effective rate for new companies would come to 17.01 per cent after considering surcharges and cess subject to the condition that they do not avail any other tax incentive or concession such as tax holidays enjoyed by units in special economic zones (SEZ) or accelerated depreciation.
<\/p><\/body>","next_sibling":[{"msid":71219011,"title":"Foreign investors turn back on Indian telcos","entity_type":"ARTICLE","link":"\/news\/foreign-investors-turn-back-to-indian-telcos\/71219011","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":71219015,"entity_type":"ARTICLE","title":"OnePlus says Govt's move to slash corp tax rates to help handset brands expand operations","synopsis":"OnePlus said that it is committed to Make in India and looks to invest in long-term growth in the country. \n","titleseo":"telecomnews\/oneplus-says-govts-move-to-slash-corp-tax-rates-to-help-handset-brands-expand-operations","status":"ACTIVE","authors":[{"author_name":"Danish Khan","author_link":"\/author\/479206691\/danish-khan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479206691.cms?width=250&height=250&imgsize=7874","author_additional":{"thumbsize":true,"msid":479206691,"author_name":"Danish Khan","author_seo_name":"danish-khan","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2019-09-20 16:46:05","lastupd":"2019-09-20 16:46:05","breadcrumbTags":["corporate tax","Smartphone","Corporate tax cut","Devices","Handset","Vikas Agarwal","oneplus","oneplus 7t"],"secinfo":{"seolocation":"telecomnews\/oneplus-says-govts-move-to-slash-corp-tax-rates-to-help-handset-brands-expand-operations"}}" data-authors="[" danish khan"]" data-category-name="" data-category_id="" data-date="2019-09-20" data-index="article_1">

OnePlus说,政府的举措削减公司税率来帮助手机品牌扩大业务

OnePlus表示,它正致力于使印度和看起来投资于长期增长。

丹麦汗
  • 发布于2019年9月20日下午04:46坚持

新德里:中国手机制造商OnePlus说,政府的举措削减企业所得税利率将有助于使品牌进一步加强在印度当地的操作。

“这是朝着正确的方向迈出了一大步。印度的税收很高,一般来说,税收负担很重的情况下这是一个需要合理化税收。政府决定肯定是积极的一步,”维阿加瓦尔总经理,OnePlus印度,告诉等。

该公司表示,它正致力于使印度和看起来投资于长期增长。

“我们已经本地化智能手机供应链和正在寻求进一步扩展让印度为我们的全球运营中心,”阿加沃说。

广告
吸引新鲜制造,提高投资在印度,新规定已经插入到它的行为,它允许任何新的国内公司注册10月1日或之后的2019年,制造业的新投资,并开始操作之前3月31日,2023年,一个选项来缴纳所得税为15%,财政部长吧Sitharaman周五表示。

新公司会来的有效率17.01%,此前考虑附加费和地方税,条件是他们不利用任何其他税收激励或让步,如免税期单位享有的经济特区(经济特区)或加速折旧。

  • 发布于2019年9月20日下午04:46坚持
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NEW DELHI: Chinese handset<\/a> maker OnePlus<\/a> said that the government's move to slash corporate tax<\/a> rates would help enable brands to further strengthen their local operations in India.

\"It is a significant step in the right direction. The taxes are high in India and industry, in general, is under heavy tax burden so there was a need to rationalize taxes. The government decision is certainly a positive step,\"
Vikas Agarwal<\/a>, General Manager, OnePlus India, told ET.

The company said that it is committed to Make in India and looks to invest in long-term growth in the country.

\"We have already localized smartphones supply chain and are looking to further scaling towards making India a hub for our global operations,\" Agarwal said.

To attract fresh investment in manufacturing and boost Make In India, new provision has been inserted in the I-T Act, which allows any new domestic company incorporated on or after October 1, 2019, making fresh investment in manufacturing, and starts operations before March 31, 2023, an option to pay income tax at 15 per cent, Finance Minister Nirmala Sitharaman said on Friday.

The effective rate for new companies would come to 17.01 per cent after considering surcharges and cess subject to the condition that they do not avail any other tax incentive or concession such as tax holidays enjoyed by units in special economic zones (SEZ) or accelerated depreciation.
<\/p><\/body>","next_sibling":[{"msid":71219011,"title":"Foreign investors turn back on Indian telcos","entity_type":"ARTICLE","link":"\/news\/foreign-investors-turn-back-to-indian-telcos\/71219011","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":71219015,"entity_type":"ARTICLE","title":"OnePlus says Govt's move to slash corp tax rates to help handset brands expand operations","synopsis":"OnePlus said that it is committed to Make in India and looks to invest in long-term growth in the country. \n","titleseo":"telecomnews\/oneplus-says-govts-move-to-slash-corp-tax-rates-to-help-handset-brands-expand-operations","status":"ACTIVE","authors":[{"author_name":"Danish Khan","author_link":"\/author\/479206691\/danish-khan","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/479206691.cms?width=250&height=250&imgsize=7874","author_additional":{"thumbsize":true,"msid":479206691,"author_name":"Danish Khan","author_seo_name":"danish-khan","designation":"Senior Assistant Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ETTelecom","artdate":"2019-09-20 16:46:05","lastupd":"2019-09-20 16:46:05","breadcrumbTags":["corporate tax","Smartphone","Corporate tax cut","Devices","Handset","Vikas Agarwal","oneplus","oneplus 7t"],"secinfo":{"seolocation":"telecomnews\/oneplus-says-govts-move-to-slash-corp-tax-rates-to-help-handset-brands-expand-operations"}}" data-news_link="//www.iser-br.com/news/oneplus-says-govts-move-to-slash-corp-tax-rates-to-help-handset-brands-expand-operations/71219015">