However, the overall investment quantum required for the benefit over the tenure of the scheme will remain unchanged.
The release of incentives will now start from 2024-25, instead of the current fiscal, the ministry of heavy industries said on Monday The move follows the fact that companies other than Tata Motors and Mahindra & Mahindra are yet to obtain the certificates of eligibility for relevant products. This would mean that the current year's budget outlay for the scheme would remain unspent.
"Under the amended scheme, the incentive will be applicable for a total of five consecutive financial years, starting from the financial year 2023-24.
Diese Geschichte stammt aus der January 02, 2024-Ausgabe von Financial Express Mumbai.
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