Corporate Law - Government of India is focusing on promoting environmental friendly electric vehicles and electric batteries. The Phase-I of this Scheme was initially launched for a period of 2 years, commencing from 1st April 2015, which was subsequently extended from time to time and the last extension was allowed up to 31st March 2019. The 1st Phase [...
Read MoreCorporate Law - Subsequent to the FAME II the Government has taken a Milestone for ramping up the Electric Mobility in the India Economy and to Protect the sustainability of Indian Automakers and to Make India “Atma-Nirbhar Bharat” Recently, the Govt of India Union Cabinet has approved a Rs. 26,058 crore Production Linked Incentive (PLI) sche...
Read MoreCorporate Law - The Department of Pharmaceuticals extends the date of receipt of applications for the vacant slots under Production Linked Incentive (PLI) scheme for Bulk Drugs till the end of March 2022 from the previous deadline of 13.03.2022 Under two rounds of inviting applications, a total 49 projects have been approved so far for 33 critical APIs [...
Read MoreCorporate Law - Government reopens application window for PLI Scheme for White Goods (ACs and LED Lights) from 10th March to 25th April 2022 to give second chance to prospective investors to take benefits of the Scheme The Union Cabinet had given approval for the PLI Scheme for White Goods for manufacture of components and sub-assemblies of Air […...
Read MoreCorporate Law - Keeping in view India’s vision of becoming ‘Atmanirbhar’ and to enhance India’s Manufacturing capabilities and Exports, an outlay of INR 1.97 lakh crore (over US$ 26 billion) has been announced in Union Budget 2021-22 for PLI schemes for 13 key sectors of manufacturing starting from fiscal year (FY) 2021-22. The 13 key sectors inc...
Read MoreCorporate Law - The PLI Scheme for the auto sector envisages to overcome the cost disabilities of the industry for manufacture of Advanced Automotive Technology products in India. The incentive structure will encourage industry to make fresh investments for indigenous global supply chain of Advanced Automotive Technology products....
Read MoreNotification No.12015/03/2020-IT - (28/12/2021) - Operational Guidelines For Production Linked Incentive (PLI) Scheme For Textiles Finalized Government approved the Production Linked Incentive (PLI) Scheme for Textiles, with an approved outlay of Rs. 10683 crore over a five year period, to promote production of MMF Apparel, MMF Fabrics and Products...
Read MoreNotification No. S.O. 3947(E). - (23/09/2021) - The Production Linked Incentive (PLI) scheme for Automobile and Auto components has been notified vide notification S.O. No. 3946(E) dated 23.09.2021....
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Notification No.12015/03/2020-IT - 28/12/2021
Notification No. S.O. 3947(E). - 23/09/2021