Dear All,
Please find our captioned Newsflash summarising some of the Government of India’s recent initiatives to strengthen the country’s R&D ecosystem. The update provides an overview of the tax incentives, GST/customs duty benefits, and funding schemes announced to accelerate research in high-priority sectors such as AI, semiconductors, green energy, and deep-tech.
The Newsflash also highlights:
• Key Beneficial provisions under the Income-tax Act including Section 35 deductions, Patent Box regime, and startup profit exemptions.
• GST and customs duty concessions available for DSIR-approved R&D institutions.
• Major government-led funding initiatives.
• Sector-specific incentives
• Intellectual Property (IP) Incentives and Reforms
Overall, the Newsflash provides how India is positioning itself as a global R&D powerhouse, combining fiscal incentives, policy reforms, and strategic funding with a strong talent base.
Thanks & Regards,
Insights
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