THE GOVERNMENT ON Tuesday tightened its oversight over the selected applicants under the productionlinked incentive (PLI) for white goods by coming out with a revised formula for calculating the value of production for captive use, sales to group companies and related parties.
Along with the revised formula for determining the value of related-party sales, the changes in the guidelines also provide for verification of incentive claims by the Project Management Agency.
The implementing agency for PLI in white goods is IFCI. The agency has also been given the task of recommending the quantum of incentives to manufacturers.
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Denne historien er fra October 11, 2023-utgaven av Financial Express Mumbai.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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