https://www.taxtmi.com/news?id=27270 The PLI Scheme for White Goods incentivises manufacturing of components and sub-assemblies (not finished goods) to raise domestic value addition; beneficiaries must meet threshold investment and net incremental sales within elected gestation periods to qualify. Sixty-four applicants were approved; the Scheme is implemented via a Project Management Agency under departmental oversight, with regular reviews and scheduled disbursement for qualifying companies. The Scheme aims to develop a domestic component ecosystem, attract multinational and domestic investment, and generate employment and production across multiple locations. en-us Thu, 08 Feb 2024 11:59:09 +0530 Thu, 08 Feb 2024 11:59:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27270 The PLI Scheme for White Goods incentivises manufacturing of components and sub-assemblies (not finished goods) to raise domestic value addition; beneficiaries must meet threshold investment and net incremental sales within elected gestation periods to qualify. Sixty-four applicants were approved; the Scheme is implemented via a Project Management Agency under departmental oversight, with regular reviews and scheduled disbursement for qualifying companies. The Scheme aims to develop a domestic component ecosystem, attract multinational and domestic investment, and generate employment and production across multiple locations. News - Thu, 08 Feb 2024 11:59:09 +0530 https://www.taxtmi.com/news?id=27270