{"id":4722,"date":"2022-02-07T05:42:13","date_gmt":"2022-02-07T05:42:13","guid":{"rendered":"https:\/\/newprojectstracker.com\/blog\/?p=4722"},"modified":"2022-02-08T05:43:47","modified_gmt":"2022-02-08T05:43:47","slug":"government-wants-private-companies-to-establish-new-manufacturing-units-fast","status":"publish","type":"post","link":"https:\/\/www.newprojectstracker.com\/blog\/government-wants-private-companies-to-establish-new-manufacturing-units-fast\/","title":{"rendered":"Government wants private companies to establish new manufacturing units fast"},"content":{"rendered":"\n\n\n\t<div class=\"dkpdf-button-container\" style=\" text-align:right \">\n\n\t\t<a class=\"dkpdf-button\" href=\"\/blog\/wp-json\/wp\/v2\/posts\/4722?pdf=4722\" target=\"_blank\"><span class=\"dkpdf-button-icon\"><i class=\"fa fa-file-pdf-o\"><\/i><\/span> Download PDF Report<\/a>\n\n\t<\/div>\n\n\n\n\n\n<p><img class=\"alignnone  wp-image-4723 aligncenter\" src=\"https:\/\/newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/companies-to-establish-new-manufacturing-units-fast.jpg\" alt=\"\" width=\"443\" height=\"261\" \/><\/p>\n<p>The government wants new domestic enterprises to set up manufacturing operations in India quickly, thus the 15% concessional tax rate has been extended for another year, till March 2024, according to Revenue Secretary Tarun Bajaj.<\/p>\n<p>&nbsp;<\/p>\n<p>According to Bajaj, the fact that direct and indirect tax collections are increasing and showing excellent buoyancy suggests that the corporate sector is doing well, and India&#8217;s tax-to-GDP ratio could be &#8220;highest ever&#8221; this year.<\/p>\n<p>&nbsp;<\/p>\n<p>The Budget 2022-23, which was announced on February 1, recommended that the 15% corporate tax rate for newly established industrial units be extended for another year, until March 2024.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Download PDF Report The government wants new domestic enterprises to set up manufacturing operations in India quickly, thus the 15% concessional tax rate has been extended for another year, till March 2024, according&#8230; <\/p>\n","protected":false},"author":4,"featured_media":4723,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[163],"tags":[],"jetpack_featured_media_url":"https:\/\/www.newprojectstracker.com\/blog\/wp-content\/uploads\/2022\/02\/companies-to-establish-new-manufacturing-units-fast.jpg","acf":[],"_links":{"self":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4722"}],"collection":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/comments?post=4722"}],"version-history":[{"count":2,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4722\/revisions"}],"predecessor-version":[{"id":7671,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/posts\/4722\/revisions\/7671"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media\/4723"}],"wp:attachment":[{"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/media?parent=4722"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/categories?post=4722"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newprojectstracker.com\/blog\/wp-json\/wp\/v2\/tags?post=4722"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}