India
Mobile PLI earned govt ₹3.25 lakh crore in taxes, says Vaishnaw
Union IT Minister Ashwini Vaishnaw said the government paid ₹19,000 crore under the mobile production-linked incentive scheme and collected ₹3.25 lakh crore in taxes from beneficiaries in return: ₹25,000 crore in direct tax and ₹3 lakh crore in GST. He said electronics manufacturing employs 25 lakh people, including 12 lakh in mobile making, responding to a video criticising the subsidies.
This summary is based on reporting by The Hindu.
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