<h1>Government Offers 15% Tax Break on Manufacturing Investments Over Rs. 100 Crore; Amends Section 32AC & Section 80JJAA.</h1> The government has proposed a 15% concession on investments exceeding Rs. 100 crore in the manufacturing sector from April 1, 2013, to March 31, 2015. This initiative, under the Finance Bill, 2013, introduces section 32AC in the Income Tax Act, allowing companies a 15% deduction on the cost of new assets if they surpass Rs. 100 crore. Additionally, amendments to Section 80JJAA provide a 30% deduction on additional wages for new workmen employed in manufacturing, applicable for three assessment years. These measures aim to boost investment in manufacturing and employment.