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Union Budget 2018-19: ASSOCHAM seeks venture capital pool & lower tax rates for electronics sector

Union Budget 2018-19: ASSOCHAM seeks venture capital pool & lower tax rates for electronics sector

New Delhi, Jan 3 (IBNS): Considering that costs pertaining to finance, energy and logistics/transportation constitute major portion of consumer electronics sector, apex industry body ASSOCHAM has recommended the union government to allow weighted deduction of 150-200 per cent of the actual cost on specified components.