India gives Apple a win by letting foreign firms finance equipment without tax risk

India gives Apple a win by letting foreign firms finance equipment without tax risk

By Nikunj Ohri and Aditya Kalra NEW DELHI, Feb 1 (Reuters) – India’s government on Sunday gave Apple a major victory by allowing foreign companies to supply machines to their contract manufacturers in certain areas for five years without any tax risk. Apple has been growing in India in recent years as it diversifies beyond … Read more