Apple wants tax breaks for making investments and creating jobs. और हम सारी देशी कंपनियाँ बेवक़ूफ़ हैं. We save forex, create IP, create jobs, pay full duties and taxes, pay income taxes on profits, then plough back the post tax profits as capital investments.
Why even bother listening to these big companies? If the government spreads the same tax sops over thousands of smaller companies, the net job and value creation will be higher.
Apple may provide jobs in India, and it will bring advanced manufacturing processes and know how and disseminate it to its labour force. But Indian companies will generate a lot of IP through R&D. Learning through doing is better than rote learning.
Why even bother listening to these big companies? If the government spreads the same tax sops over thousands of smaller companies, the net job and value creation will be higher.
Apple may provide jobs in India, and it will bring advanced manufacturing processes and know how and disseminate it to its labour force. But Indian companies will generate a lot of IP through R&D. Learning through doing is better than rote learning.