Sahasra Electronic Solutions Limited — Important, 31-01-2025: Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals
31-01-2025 | 03:52 pm
31-01-2025 | 03:52 pm
Sahasra Electronic Solutions Limited has received approval from the Ministry of Science and Technology for its in-house R&D Unit, enhancing its operational capabilities. This recognition provides significant advantages, including a 100% super deduction on dedicated R&D expenditures, lower GST rates, and eligibility for government funding. These benefits can enhance the company’s financial health by reducing costs and improving its competitive edge through innovation. The approval positions Sahasra for growth and could inspire positive investor sentiment, reflecting a strengthened corporate strategy focused on R&D expansion.
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