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India eyes fiscal support for domestic EV battery supply chainIndia is planning new incentives to boost local production of battery components. This move aims to reduce import dependence for electric v...- Smartphone PLI surpasses targets, turns out to be right call for IndiaThe fiscal stimulus under the production-linked incentive (PLI) scheme for smartphones is likely to be around Rs 21,000 crore for the FY21-...
- MeitY seeks higher budgetary allocation for its ECMS schemeMeity is seeking a higher budget for its electronic component manufacturing scheme (ECMS) as industry demand exceeds expectations. The six-...
- It's raining discounts as car makers get into high gear to push salesAs supply chain and semi-conductor shortages ease, car makers are offering higher discounts on some product lines, to get sales into high g...
- Govt may further sweeten PLI scheme for AC and LED manufacturersSeveral companies have committed Rs 5,866 crore of investments under the PLI programme for white goods and LED lighting.
- India set to bring 8 more sectors under PLI schemeThose under discussion include battery manufacturing, auto components, network products, textiles, food processing, solar photovoltaic cell...
- Fresh row over Rs 41k crore sops for electronic makersThe Department of Revenue and the handset industry, backed by the IT ministry, are at odds over the implementation of the much-touted Rs 41...
- RIL yet to decide on adoption of newer rate of corporate taxationThe gov had last month slashed the corporate tax by ten percentage points, under which the effective outgo for cos will come down to 25.17%...
- Highlights of mid-term review of Foreign Trade PolicyIn the mid-term review, import of second-hand goods for repair/refurbishing/reconditioning/re-engineering was made free
- Government to review tax incentives scheme on services exportsThe services and rates of rewards notified against the services shall be applicable to services export made between April 1 and September 3...
- India may push for services exports under new foreign trade policyIndia's exports are facing headwinds due to falling demand and sharp appreciation of rupee against currencies such as the euro and yen.
- Government may widen SFIS scope to enable exporters trade tax incentivesThe incentives are in the form of duty credit scrips that can be used to pay the customs duty on input imports of capital goods or consumab...
- CCEA may consider incentives on raw sugar export on Feb 4CCEA is likely to consider on February 4 a proposal to give a cash subsidy of Rs 2,000 per tonne for raw sugar exports.
- Draft tariff norms on incentives, tax outgo may hit NTPC marginsNTPC stock fell 11% to 136 on Tuesday after the Central Electricity Regulatory Commission released draft tariff norms for FY15 to FY19.
- Macquarie reduces target on Mundra Port & SEZMacquarie Equities Research has maintained ‘Outperform’ rating on Mundra Port & SEZ. It has reduced the price target to Rs 148 per share .
- Ministry notifies new sops for exportersThe Commerce Ministry on Wednesday enforced changes in various incentive schemes for exporters in line with the Rs 500-crore sops announced...
- After investors, RIL employees get bonusAfter rewarding its shareholders with a 1:1 bonus issue, Reliance Industries is offering performance-linked incentives to its employees thi...
- RIL doles out Diwali incentives to staffAfter rewarding its shareholders with 1:1 bonus issue, Reliance Industries is offering performance-linked incentives to its employees. Cos ...
- Larger incentives for solar plants in worksThe government plans to expand the coverage of an incentive scheme meant to encourage investments into solar-thermal power plants in line w...
- Export majors kept out of final focus market schemeThe controversial focus market scheme announced in this year’s foreign trade policy allowing fiscal incentives for exports to select market...
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