"With this, the applicants under the scheme can now submit their applications for the testing and certification of AAT products (both OEMs and components), which will help them qualify for incentives under the PLI Auto scheme," the press release said.
The decision by the Ministry of Finance comes nearly 11 days after the Bangladesh Knitwear Manufacturers and Exporters Association submitted a request for financial support for the payment of salaries and Eid bonuses ahead of Eid-ul-Fitr.
Sohar [Oman], April 13 (ANI/PRNewswire): Continuing to drive growth for new and expanding local and international businesses, SOHAR Freezone has extended its competitive rates on General Trade License (GTL), allowing businesses from around to base themselves within the complex at a reduced r
Uttarakhand Chief Minister Pushkar Singh Dhami has said that Rs 23.28 crore has been sanctioned to Uttarakhand under the Agriculture Development Scheme and Rs 34.66 crore as a financial incentive under the Pradhan Mantri Gram Sadak Yojana (PMGSY) by the Central Government.
'Nivesh Sarathi', the Uttar Pradesh government's single-window clearance system will enable the entrepreneurs investing in the state to receive the incentives online.
Starting next financial year, the state government in the Budget document proposed to increase the subsidy from Rs 7 to Rs 10 per kg. For 2023-24, when the state is celebrating the 200 years of its tea industry, the incentive would, however, be Rs 12 per kg.
The investor-friendly climate is critical -policies such as tax breaks, incentives, sector-specific subsidies, free trade zones, and business regulations are only marginally or partially investor friendly.
Tamil Nadu presented the annual state budget for the financial year 2023-24 in the Tamil Nadu Legislative Assembly on Monday. It was the DMK government's third Budget since it came to power in May 2021.
The five categories of specialty steel which have been chosen in the PLI scheme are coated/plated steel products, high strength/wear resistant steel, specialty rail, alloy steel products and steel wires, and electrical steel.
Bangalore (Karnataka) [India], March 13 (ANI/NewsVoir): Bengaluru-based fintech startup, CheQ (www.cheq.one), has partnered with Axis Bank, India's third largest private sector bank to make the credit card bill payment experience extra rewarding for its users. As part of a first-of-its-kind