Introduction New Industrial policy and other concessions for the States of Himachal Pradesh and Uttarakhand were introduced initially on 7th January, 2003 for a period of ten year from 7.1.2003 to 6.1.2013. of India under Gramin Bhandaran Yojana, a Capital Investment Subsidy Scheme for Construction and Repair/Renovation of Rural Godowns. 5 Crores then as per the scheme it will be eligible to subsidy of 40% on such investment amounting to Rs.2 Crore which will be awarded over a period of 7 years (i.e 28.57 lakhs per year) in form of refund of Gross GST payable on sales made by the enterprise. 25/04/2019-4IB-I dated 06.03.2019, the Governor of Haryana is pleased to notify the Capital Investment Subsidy Schemes for the units to be set up in Pharma Park at Karnal, covered under the Haryana Pharmaceutical Policy 2019 as per the details given below:- A. Objectives Main objectives of the scheme are • To promote organic farming in … Special provisions … 04 June 2011 10% Capital Investment Subsidy received from Central Government on september,2011 aganist the investment made on plant & Machinery during the financial year 2004-05, but for the same no accounting has been provided in the books. (b) Capital Subsidy of 15% of Eligible Capital Investment (excluding the cost of the land) subject to a ceiling of Rs.20 crores. The scheme was … The Ld. 5. 10.00 crore to subsidize … We help our clients in availing various Government Grants & Subsidies such as: Single Point Registration Scheme (SPRS) The Government is the single largest buyer of a variety of goods. NCDC has been one of the implementing agencies to provide funds to the cooperative societies. An additional subsidy of 10% will also be provided to made ups … The package has been further … With a view to increase the share of purchases from the small-scale sector, the Government Stores Purchase … (ii) IPA: this was computed by way of refund of 75 … The scheme is being introduced by the ministry of small scale industries and the development is for improving the technological support for the industries that are struggling to find their feet. With additional incentives the capital subsidy will further increase to 25% as against existing NPV benefits Rs 21 crore, and currently, the subsidy cap of Rs 30 crore per unit is applicable under A-TUFS accordingly the maximum investment by a single unit will reduce to Rs 120 crore as against Rs 200 crore earlier; hence revision in this subsidy cap per unit will also be required under A-TUFS to undertake … Fixed Capital Investment, Employment generation and the disbursement period of the LSI is as under: For Industries under A & B (only LSI) Taluka: minimum Fixed Capital Investment Rs. For setting up a new industry in Kutch District of the State of Gujarat, the Assessee was granted certain subsidies under the State … (c) Exemption from Luxury and Entertainment tax for a period of seven years from the date of commencement of commercial operations. Interest Subsidy on Working capital @ 3% to 5%. Project on Organic Farming a Capital Investment Subsidy Scheme for Commercial Production Units for Organic/ biological Inputs has been introduced. He said that the claims need to be submitted to the concerned DIC in the prescribed Application Forms within one year from the date of commencement of commercial production/operation. Under the Capital Investment Subsidy Scheme, Eco Tourism Units would also receive subsidy on building. The new package provides Capital Investment Subsidy, Interest Subsidy and Insurance Subsidy to new industrial units and existing industrial units on their substantial expansion. Assistance is given in different forms like capital investment subsidy, production subsidy, cash assistance, export subsidy, duty drawback etc. Credit linked Capital Subsidy scheme. Government of Tamilnadu, has introduced a special scheme named ‘New Entrepreneur-cum-Enterprise Development Scheme” in which the promoter’s contribution will be in the range of 5% to 10% on the project cost with 25% of capital investment subsidy on land buinding and machinery subject to a maximum of Rs.30 Lakh as per the operational guidelines of the scheme. No. Capital Investment Subsidy will be enhanced from 15% of the investment in plant and machinery to 30% and the limit for automatic approval of subsidy at this rate will be Rs.1.5 crores per unit, as against Rs.30 lakhs as was available under NEIP, 1997. 30 lakhs and the definition of investment is more comprehensive. Cash subsidy for SSIs in thrust industries: 25% of the eligible fixed capital investment or Rs. Key Features of the CLCSS. Sate Capital Investment Subsidy @ 30% of cost of plant and machinery with upper limit of Rs.60.00 Lakhs to 300.00 Lakhs and Rs.30.00 Lakhs to Rs.150.00 Lakhs in manufacturing & services sector respectively. the rst ten years of operation.In 2009, an alternative Federal subsidy, the section 1603 grant, was introduced, providing developers with the option to take an up-front cash payment equal to 30 percent of investment costs instead of the PTC.The 1603 grant was a unique and unexpected Even when subsidy is hundred percent, i.e. For the sake of brevity, all forms of assistance are hereinafter referred to as the 'subsidy'. 2002-07, subsidy was provided by Govt. 6. The incentive will be available for investment made within 5 years from the date of acknowledgement of the application. The CIS of the state is more attractive in that the rate of subsidy is 30% subject to a limit of Rs. The required term loan is funded by Corporation from its own resources. 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