https://www.taxtmi.com/news?id=62860 The Union Cabinet approved the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPMs) with a Rs 7,280 crore outlay comprising Rs 6,450 crore in sales-linked incentives over five years and Rs 750 crore in capital subsidy to establish 6,000 MTPA of REPM manufacturing, targeting commissioning in two to three years, meeting an estimated 4,000 MTPA domestic requirement and enabling surplus exports. en-us Wed, 26 Nov 2025 22:01:03 +0530 Wed, 26 Nov 2025 22:01:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=62860 The Union Cabinet approved the Scheme to Promote Manufacturing of Sintered Rare Earth Permanent Magnets (REPMs) with a Rs 7,280 crore outlay comprising Rs 6,450 crore in sales-linked incentives over five years and Rs 750 crore in capital subsidy to establish 6,000 MTPA of REPM manufacturing, targeting commissioning in two to three years, meeting an estimated 4,000 MTPA domestic requirement and enabling surplus exports. News - Wed, 26 Nov 2025 22:01:03 +0530 https://www.taxtmi.com/news?id=62860