Search For "incentive"
Sitharaman says new taxation regime now has got greater incentives
Updated : 3 years, 1 month ago IST
In her budget speech, the minister made five major announcements in regard to personal income tax, saying these primarily benefit hard-working middle class
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High import tariff adding fillip to illicit gold trade
Updated : 3 years, 1 month ago IST
New Delhi [India], January 27 (ANI/Mediawire): Raising import duty on gold serves as an incentive for smugglers. Lowering the duty gradually could help grow the organised trade.
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MoS Rajeev Chandrasekhar inaugurates modern silicon innovation lab of NXP
Updated : 3 years, 1 month ago IST
After the inauguration, the leading company in secure connectivity solutions for embedded applications, NXP Semiconductors, showcased its products and solutions to the minister that include automotive, industrial and internet of things (IoT), consumer, and communication infrastructure focus
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Paytm to be key beneficiary of UPI incentive scheme, may cash in 5-7% of t
Updated : 3 years, 2 months ago IST
The Union Cabinet on Wednesday approved the incentive scheme with a financial outlay of Rs 26 billion for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (P2M) for 2022-23, compared with Rs 15 billion in 2021-22.
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J-K Govt to encourage, incentivize best-performing Municipalities
Updated : 3 years, 2 months ago IST
The Jammu and Kashmir governments will encourage and incentivize best-performing Municipalities through additional grant-in-aid in the form of the Urban Reform Incentive Fund (URIF) under the Aspirational Towns Development Programme (ATDP), said a press release on Wednesday.
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Cabinet okays Rs 2,600-cr scheme for promotion of RuPay debit cards, low-v
Updated : 3 years, 2 months ago IST
The Union Cabinet, chaired by Prime Minister Shri Narendra Modi on Wednesday approved the incentive scheme for the promotion of RuPay Debit Cards and low-value BHIM-UPI transactions (person-to-merchant) for a period of one year from April 2022.
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Capital goods firms to see double-digit revenue growth current fiscal and
Updated : 3 years, 2 months ago IST
Elevated commodity prices, rising government and private sector spending on infrastructure, as well as investments under production-linked incentive (PLI) schemes, have resulted in strong growth.
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Proposed investments under PLI scheme in automobile sector overshoot targe
Updated : 3 years, 2 months ago IST
The Production-Linked Incentive scheme for automobile and auto components has managed to attract a proposed investment of worth Rs 67,690 crore against the target estimate of investment of Rs 42,500 crore, over a period of five years.
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Investments worth Rs 1,536 cr made by textiles industry under PLI scheme:
Updated : 3 years, 2 months ago IST
Investments to the tune of about Rs 1,536 crore has been made so far in the textiles industry under the Production-Linked Incentive, said the Ministry of Textiles.
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40 pc of India's mobiles export in 2022-23 are iPhones: Amitabh Kant
Updated : 3 years, 2 months ago IST
About 40 per cent of India's mobile exports so far in 2022-23 are iPhones.
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Govt okays sops for Foxconn India, Padget Electronics under production-lin
Updated : 3 years, 2 months ago IST
According to a statement from Niti Aayog, the Empowered Committee headed by NITI Aayog Chief Executive Officer approved incentives for two companies--one a domestic company and the other a global company--for mobile manufacturing under the production-linked incentive (PLI) scheme.
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Assam grants industry status to tourism sector
Updated : 3 years, 2 months ago IST
"With the grant of industry status to the tourism sector, now, restaurants, cafeterias, health clubs, spas and wellness centres among others are eligible for incentives under the industrial policy. This move will further encourage and boost private investment in the above areas of the touris
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