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Scheme of presumptive taxation extended for non-resident providing services for electronics manufacturing facility In order to position India as the global hub for Electronics System Design and Manufacturing, a comprehensive program for the development of semiconductors and display manufacturing ecosystem in India was approved by Government of India. Ministry of Electronics and Information Technology has notified Schemes for setting up of such facilities in India. 2. In this context, it has
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FAQ :
It's a new tax system for non-residents providing services or technology to companies setting up or operating electronics manufacturing facilities in India.
Non-residents providing services or technology to resident companies establishing or operating electronics manufacturing facilities, under a scheme notified by the Ministry of Electronics and Information Technology, are eligible.
Twenty-five per cent of the aggregate amount received or receivable by the non-resident will be deemed as their profits and gains.
This regime results in an effective tax payable of less than 10% on gross receipts for a non-resident company.
The amendment will take effect from 1st April 2026, applying to the assessment year 2026-27 and subsequent years.
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