Indian industry on edge, as manufacturing tax sops near sunset

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Indian companies have petitioned the Ministry of Finance, asking for an extension on the manufacturing tax sops set to expire in March 2024. The government had announced a lowered tax rate of 15 percent for new manufacturing setups in 2019, which was extended one more year—and companies want another extension, because of time lost to Covid-19 lockdowns. Forbes India's Samar Srivastava joins us to talk about this development