Moneycontrol PRO

business

Dept of Heavy Industry opposes reduction of R&D tax breaks

CNBC-TV18 learns from sources that the Department of Heavy Industry is planning to write to the Finance Minster opposing this move, arguing that this will hurt the ‘Make in India‘ campaign and wants the R&D exemption to stay for this sake.

first published: Nov 26, 2015 07:13 pm

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347