Package Scheme News Today

Vaccine manufacturer Serum Institute of India (SSI) has filed a challenge to the Supreme Court against a 2016 amendment to the Income Tax Act that made subsidies, grants, waivers, concessions, or reimbursements by the Centre or states or incentives in cash or kind as taxable. The amendment had inserted sub-clause (xviii) to Section 2(24), which defines taxable "income". The case was filed under the Package Scheme of Incentives-2013, which provided various incentives to major industries...

      pune,     chief of army staff (coas), general manoj pande, visited the maharashtra msme (micro, small, and medium enterprises) defence expo 2024 on monday at the international exhibition convention c

Queensland government invests $6.34 million in rebates for its mandatory national eID tag roll-out in sheep and goats but industry stakeholders are concerned..

This target is in line with the countrys goal of becoming a five trillion dollar economy, Bais said, addressing the legislators at the start of the day-long special session of the legislature on Maratha quota at Vidhan Bhavan in south Mumbai.

The Delhi High Court has held that the sales tax subsidy or incentive received by the assessee under the Dispersal of Industries Package of Incentives, 1993, was a capital receipt.The bench of Justice...

The Court opined that matters of economic policy should be best left to the wisdom of the legislature.

       business reporter  the lady entrepreneurs wing of vidarbha industries association (via lew ) conducted a session on “empowerment of women entrepreneurs with the support of government schemes” on t

A total of 2,042 Central Armed Police Force (CAPF) personnel lost their lives while performing their duty in the last three years, said Minister of State for Home Affairs, Nityanand Rai, in Rajya Sabha on Wednesday.

Mahindra & Mahindra announced that in terms of the scheme of merger by absorption of Mahindra Vehicle Manufacturers with the company, the company has received approvals from the following authorities for the purpose of making the scheme effective: (i) Approval of Directorate of Industries under the Package Scheme of Incentives as notified by the Government of Maharashtra resolution. (ii) Approval of Maharashtra Industrial Development Corporation for the transfer of leasehold land parcels from M...

Dec 11, 2020, 16:10 IST NEW DELHI: Andhra Pradesh Minister For Finance, Buggana Rajendranath Reddy and Irrigation Minister Anil Kumar Yadav met  and submitted  a memorandum to the Jal Shakti Minister Gajendra Singh Shekhawat on Friday, with regards to the Revised Cost Estimates (RCE) of the Polavaram project at 2017-18 price level. Speaking to the media after the meeting, Anil Kumar Yadav said that the Central Minister has responded favourably to the AP government’s request. “The U...