According to a government release, the DLI scheme envisages financial incentives and design infrastructure support for 100 domestic companies, startups and MSMEs across development and deployment of semiconductor design for ICS, Chipsets, SoCs, and other devices over a period of 5years.
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ISMC Digital to invest $3 billion in chip-making unit in Karnataka
Uday Shankar and James Murdoch’s Bodhi Tree invests $600 million in Allen Career Institute
Intel sharing will be our cybersecurity focus in 2022, says Cyware CTO
Global Cloud services market reaches $55.9 billion in Q1
ED seizes Rs 5,500 crore of Xiaomi in FEMA case
As NFT prices drop, taxman could come knocking
The tax department is sure to question the sharp drop in the valuation of these virtual digital assets, tax experts said. The department would scrutinise NFT transactions on suspicion that some of the money may have been accepted in cash to reduce the tax outgo.
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