Latest Semiconductor Policy 2024 News & Updates

Lucknow, Jan 6 (IANS) The Uttar Pradesh Cabinet, chaired by Chief Minister Yogi Adityanath, has approved a package of special incentives under the Semiconductor Policy 2024 to attract large-scale investments of Rs 3,000 crore and above in the sector.The incentives will be provided on a case-by-case basis and include interest subsidies, reimbursement of employee costs, full exemption from net SGST (State Goods and Service Tax) for 10 years, 100 per cent EPF (employee provident fund) reimbursement…