https://www.taxtmi.com/news?id=32448 The budget materially raises funding for electronics and digital technology programmes, with the largest allocation to the production-linked incentive scheme for large-scale electronics manufacturing (mobile phones), significant increases for semiconductor projects including compound semiconductors and chip assembly, testing and packaging, and a major expansion of the IndiaAI Mission to support compute infrastructure and AI ecosystem development; overall Ministry of Electronics and IT allocations are increased to underpin hardware, design incentives and related technology initiatives. en-us Sat, 01 Feb 2025 17:16:03 +0530 Sat, 01 Feb 2025 17:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32448 The budget materially raises funding for electronics and digital technology programmes, with the largest allocation to the production-linked incentive scheme for large-scale electronics manufacturing (mobile phones), significant increases for semiconductor projects including compound semiconductors and chip assembly, testing and packaging, and a major expansion of the IndiaAI Mission to support compute infrastructure and AI ecosystem development; overall Ministry of Electronics and IT allocations are increased to underpin hardware, design incentives and related technology initiatives. News - Sat, 01 Feb 2025 17:16:03 +0530 https://www.taxtmi.com/news?id=32448