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LOCAL TAXES FOXCONN
Foxconn gets a breather as Karnataka govt asks gram panchayats not to act on tax noticesKarnataka government intervenes to prevent a dispute between local gram panchayats and Taiwanese manufacturer Foxconn. The government has d...- Karnataka gram panchayats slap notices on Foxconn for tax dues, threaten to seize assetsThe 300-acre Foxconn facility in Devanahalli near Bengaluru international airport comes under the Vishwanathapura and Koira gram panchayats...
- Foxconn gets tax demand notice from two gram panchayats, industries dept to interveneFoxconn's Bengaluru facility has received notices from local gram panchayats demanding taxes and land use details. This has created a polit...
- Taiwanese employees of Apple supplier detained in ChinaThe police in Zhengzhou, China, had accused each of the four Taiwanese workers of an offense comparable to Taiwan's "crime of breach of tru...
- iPhone 12 production on track at Foxconn unit, Mini may be late post Wistron incidentTwo industry executives said the ‘Made in India’ iPhone 12 from Foxconn is expected to hit the stores within two months, in accordance with...
- Foxconn reopens Indian manufacturing unit as Asian smartphone demand growsThe contract manufacturer is expanding into Tamil Nadu even as it runs operations in Andhra Pradesh; 20,000 jobs likely to be created
- Foxconn awaits export duty clarity for expansion in IndiaiPhone maker Foxconn said that it may look at extending its manufacturing capabilities to make more ecosystem devices in India for domestic...
- Telecom parts makers may invest up to $5 billionComponent suppliers of Taiwan’s Foxconn are among the major ecosystem players likely to set up shop in India, contributing to the more than...
- Foxconn awaiting Rs 1,000 crore GST refundFoxconn flagged concerns to govt, says key India unit cash-starved, delay may hurt plans to expand.
- Xiaomi plans Diwali show with made-in-India TVsXiaomi India increased the price of its 55-inch smart TV by Rs 5,000 to Rs 44,999 last month due to import tax changes and depreciation of ...
- Foxconn aims to kick off exports from India to Gulf, Africa by DecFoxconn is stepping up expansion of its manufacturing facility in Sri City, Andhra Pradesh, while scouting for more locations in various st...
- Foxconn plans to invest up to Rs 32k crore in IndiaFoxconn chairman & CEO Terry Gou has already committed more investments in India during his visit here, and has also spoken about partnersh...
- Hurdle for Make-in-India? Handset companies hold up Rs 1k-crore investmentsThe government’s move to levy 12% GST on mobile phones will push up prices of locally made phones by 4-5%, bringing them at par with import...
- Taxation won’t come in the way of Foxconn-Nokia deal: OfficialSundararajan said the companies willing to start production in the country typically look at return on investment (RoI), which India offers.
- Duty sop in GST holds key to Foxconn's Nokia unit takeoverAs GST will subsume all state taxes, retention of the duty differential becomes key for Foxconn to survive, expand in India
- Foxconn, Nokia agree to revive Chennai plantIn its first formal communication to governt on the issue, Foxconn proposed to convert the Nokia plant into a global manufacturing hub for ...
- Foxconn wants to keep off Nokia's legal, financial issuesFor fructifying a deal with Foxconn, Nokia will need to reach out to the Indian government, specifically the departments of revenue, income...
- Make in India is taking shape, global companies showing interest: Finance Ministry"Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing," Revenue Secy Shaktikanta Das s...
- Taiwan's Foxconn to manufacture Xiaomi phones at Sri City plant in Andhra PradeshThe maker of iPhones and iPads for Apple and Kindles for Amazon is planning to set up 10-12 factories in India, each employing at least 10,...
- Foxconn halts Tamil Nadu operations over Nokia shutdownThe Foxconn plant was set up with the express intent to supply to Nokia and the facility cannot used for making smartphone components.
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