Custom Duty exemptions and 9 ‘biggest’ announcements for tech industry
Finance Minister Nirmala Sitharaman’s Union Budget 2025 proposes customs duty exemptions on lithium-ion battery waste, investment in an AI Center of Excellence for education, and a National Geospatial Mission. Measures include support for gig workers, increased duties on interactive flat-panel LCDs, and amendments to encourage private sector participation in nuclear energy. Infrastructure expansion for IITs is also planned.
Finance Minister Nirmala Sitharaman’s Union Budget 2025 proposes customs duty exemptions on lithium-ion battery waste, investment in an AI Center of Excellence for education, and a National Geospatial Mission. Measures include support for gig workers, increased duties on interactive flat-panel LCDs, and amendments to encourage private sector participation in nuclear energy. Infrastructure expansion for IITs is also planned.
