https://www.taxtmi.com/news?id=24468 The Production-Linked Incentive Scheme for White Goods creates a targeted incentive on incremental sales to promote domestic manufacturing of specified AC and LED components (excluding mere assembly), prioritizing components lacking sufficient domestic capacity. The Scheme covers the majority of Bill of Material items for the products, aims to raise domestic value addition, and sets an application and selection timetable with an incentive period following a base and gestation year, intending to attract investment, scale component production, and generate employment. en-us Thu, 16 Sep 2021 18:00:32 +0530 Thu, 16 Sep 2021 18:00:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=24468 The Production-Linked Incentive Scheme for White Goods creates a targeted incentive on incremental sales to promote domestic manufacturing of specified AC and LED components (excluding mere assembly), prioritizing components lacking sufficient domestic capacity. The Scheme covers the majority of Bill of Material items for the products, aims to raise domestic value addition, and sets an application and selection timetable with an incentive period following a base and gestation year, intending to attract investment, scale component production, and generate employment. News - Thu, 16 Sep 2021 18:00:32 +0530 https://www.taxtmi.com/news?id=24468