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Budget 2017: Auto component body seeks weighted deduction of 200% on R&D expenses to be restored
•The Automotive Component Manufacturers Association (ACMA) also emphasised to keep auto components at 18 percent tax rate bracket in the upcoming GST
Budget 2017: Govt may continue interest subsidy for exporters in budget
•Exporters body FIEO said that the scheme is helping exporters in this tough global situation.