Direct and Indirect Tax benefit For Industries with special Incentive Scheme for Industries in Maharashtra - The Maharashtra government has recently declared the new Industrial Policy -2013 (Government resolution no. PSI-2013/CT-54/IND-8) (hereinafter referred as PSI-2013) to ensure sustained industrial growth through various innovative initiatives so as to further improve the conducive industrial climate in the State and to provide global competitive edge to the industries in the State.
Maharashtra Industrial Policy 2013
The fresh policy for Industrial Investment in Maharashtra.
You can recover upto 70 % of your total investment with Incentives for Industries with high : Capital Investment, Tax, CST and Vat Payment, Energy or Electricity and water consumption.
Direct and Indirect Tax benefit For Industries with special Incentive Scheme for Industries in Maharashtra - The Maharashtra government has recently declared the new Industrial Policy -2013 (Government resolution no. PSI-2013/CT-54/IND-8) (hereinafter referred as PSI-2013) to ensure sustained industrial growth through various innovative initiatives so as to further improve the conducive industrial climate in the State and to provide global competitive edge to the industries in the State.
Maharashtra Industrial Policy 2013
The fresh policy for Industrial Investment in Maharashtra.
You can recover upto 70 % of your total investment with Incentives for Industries with high : Capital Investment, Tax, CST and Vat Payment, Energy or Electricity and water consumption.
for Subsidy from Central Government under Ministry of Textiles, Food Processing, Tourism, Industrial Parks & Affordable Housing
• Innovative solutions for enhancement of FSI, Zone Change,& Value Maximization
Detailing the profile of the engineering sector, this presentation highlights the size and scale of the industry in the nation as well as the future path for development of the industry. It lays down key FDI polices as well as the current business opportunities.
highlights & Key featuresof budget 2020 pdf- Dr Ajay ShuklaProf. Ajay H Shukla
Highlights & Key features of budget 2020-21 pdf. Presented by Hon FM Nirmala Sitharaman
We are now the fifth largest economy of the world. India’s foreign direct investment got elevated to the level of US$ 284 billion during 2014-19 from US$ 190billioin that came in during the years 2009-14. The Central Government debt that has been the bane of our economy got reduced, in March 2019, to 48.7% of GDP from a level of 52.2%in March 2014.
Sources: https://www.indiabudget.gov.in/bh.php
Being a trader it is important to use your brain not your heart because stock market is very risky, you need to play smart. So join the most experienced team who can value your money & provide you the best recommendation which will help you to grow your money in positive manner. Don’t believe on others but learn from your experience. Join Drift Financial Research for more detail visit website www.driftfinancial.in Or Call Us on 919993223007
Impact of Interim Budget 2019 on Manufacturing EnvironmentAjay Kumar Routh
"Look at our society. Everyone wants to be thin, but nobody wants to diet. Everyone wants to live long, but few will exercise. Everybody wants money, yet seldom will anyone budget or control their spending." - John C. Maxwell
Enterpreneurship development assignment on role of district industry centresGunjan Awasthi
Role of DISTRICT INDUSTRY CENTRES in development of young enterpreneurs.
Helpful in Enterpreneurship development syllabus of Undergraduate courses.
Development of young enterprises
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Stellaris Covid-19 Nigeria energy update 2020Chinedu Igbokwe
As Nigeria deals with the new realities of COVID-19 pandemic, it is crucial for industries to evaluate what the future will look like especially from an energy perspective. In this paper, I walk through the new realities in the power and energy sector, and what industrial clients can do to adapt.
for Subsidy from Central Government under Ministry of Textiles, Food Processing, Tourism, Industrial Parks & Affordable Housing
• Innovative solutions for enhancement of FSI, Zone Change,& Value Maximization
Detailing the profile of the engineering sector, this presentation highlights the size and scale of the industry in the nation as well as the future path for development of the industry. It lays down key FDI polices as well as the current business opportunities.
highlights & Key featuresof budget 2020 pdf- Dr Ajay ShuklaProf. Ajay H Shukla
Highlights & Key features of budget 2020-21 pdf. Presented by Hon FM Nirmala Sitharaman
We are now the fifth largest economy of the world. India’s foreign direct investment got elevated to the level of US$ 284 billion during 2014-19 from US$ 190billioin that came in during the years 2009-14. The Central Government debt that has been the bane of our economy got reduced, in March 2019, to 48.7% of GDP from a level of 52.2%in March 2014.
Sources: https://www.indiabudget.gov.in/bh.php
Being a trader it is important to use your brain not your heart because stock market is very risky, you need to play smart. So join the most experienced team who can value your money & provide you the best recommendation which will help you to grow your money in positive manner. Don’t believe on others but learn from your experience. Join Drift Financial Research for more detail visit website www.driftfinancial.in Or Call Us on 919993223007
Impact of Interim Budget 2019 on Manufacturing EnvironmentAjay Kumar Routh
"Look at our society. Everyone wants to be thin, but nobody wants to diet. Everyone wants to live long, but few will exercise. Everybody wants money, yet seldom will anyone budget or control their spending." - John C. Maxwell
Enterpreneurship development assignment on role of district industry centresGunjan Awasthi
Role of DISTRICT INDUSTRY CENTRES in development of young enterpreneurs.
Helpful in Enterpreneurship development syllabus of Undergraduate courses.
Development of young enterprises
Ways2Capital is one of the leading research house across the globe. The company basically provides recommendations for stocks cash & F&O traded in NSE & BSE,commodities including bullions, metals and agro commodities traded in MCX & NCDEX.
Stellaris Covid-19 Nigeria energy update 2020Chinedu Igbokwe
As Nigeria deals with the new realities of COVID-19 pandemic, it is crucial for industries to evaluate what the future will look like especially from an energy perspective. In this paper, I walk through the new realities in the power and energy sector, and what industrial clients can do to adapt.
There are several areas where the “Apprenternship” programme offered by Drona differs from other training programmes. The most important one is the mentorship provided by veterans of industry and personal guidance from one of the most respected inventors of India.
The Maharashtra government has recently declared the new Industrial Policy -2013 (Government resolution no. PSI-2013/CT-54/IND-8) (hereinafter referred as PSI-2013) to ensure sustained industrial growth through various innovative initiatives so as to further improve the conducive industrial climate in the State and to provide global competitive edge to the industries in the State.
This report cover New Industrial Policy of Gujarat, 2015. it cover various Incentive Schemes like Incentives for SMEs, Scheme for Plastic Industry, Innovative Start Ups, Industrial Infrastructure, Labour Generating Industries and Research & Development.
If you establishing business in Gujarat then please have a look at the presentation first.
This report cover New Industrial Policy of Gujarat, 2015. it cover various Incentive Schemes like Incentives for SMEs, Scheme for Plastic Industry, Innovative Start Ups, Industrial Infrastructure, Labour Generating Industries and Research & Development.
RSM India publication - India Budget 2015 HighlightsRSM India
This publication offers a broad outline of the highlights of Union Budget 2015. Contains the proposals and amendments as given in the Finance Bill, 2015
Policies by Government of Maharashtra, towards EV, FinTech, Retail, Women Entrepreneurs, SC & ST Entrepreneur, Aerospace and Defence, IT & ITES and Textile
Gujarat Industrial Policy, 2020 - "Atmanirbhar Gujarat"
Incentive for Relocation of Industries from other countries due to COVID-19 disruptions. Incentive/support for Large, MSME's, Startups, Industrial Infra, R & D and EoDB.
#msmes #Gujarat #industrialdevelopment #startupindia #subsidies #incentives #businessadvisory
Valuation of Startups [with limitation of traditional valuation approach] Nitin Pahilwani
Valuation of Startups [with limitation of traditional valuation approach]
1. Introduction…
2. Factors affecting Start-up Valuation…
3. Limitation of Traditional Valuation Method…
4. Start-up Valuation Method…
a. Venture Capital Method…
b. Berkus Method…
c. Scorecard Method…
d. Risk Factor Simulation Method…
e. First Chicago Method…
5. Closing the Valuation Gap…
Basic Overview of Goods & Service Tax. this report covers various taxable events, exemption, Input Tax Credit, Place of supply, tax invoice, other voucher and penalty and offence. This is for common user for their first hand use.
The report contain Impact of GST on Hospitality sectors and various provision that are applicable to Goods and Service Tax for Hotels, Restaurant sector in India.
It covers Rates of GST, Provision of place of supply, valuation
This report covers New Tourism Policy of Gujarat, 2015. This Policy covers Framework, Incentives, Initiatives, Focus area for Travel, Tourism & Hospitality.
Tourist Inflows in Gujarat has risen from 6.16 million in 2002-03 to 32.7 million in 2014-15 with a CAGR of 13.7%. This Tourism Policy has a objective to position Gujarat as a vibrant tourist destination, make Gujarat one amongst the top five tourist States of India in terms of tourist footfalls and promote employment opportunities for additional two million peoples by 2025.
Please find attached herewith the Madhya Pradesh Tourism Policy,2012.
Policy includes various Fiscal and Non Fiscal Incentives for Budget Hotels, Heritage Hotels, MICE, Hotels and Resorts in terms of Capital Grants, Luxury Tax, Entertainment Tax, Stamp Duty and etc.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Turin Startup Ecosystem 2024 - Ricerca sulle Startup e il Sistema dell'Innov...Quotidiano Piemontese
Turin Startup Ecosystem 2024
Una ricerca de il Club degli Investitori, in collaborazione con ToTeM Torino Tech Map e con il supporto della ESCP Business School e di Growth Capital
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The Evolution of Non-Banking Financial Companies (NBFCs) in India: Challenges...beulahfernandes8
Role in Financial System
NBFCs are critical in bridging the financial inclusion gap.
They provide specialized financial services that cater to segments often neglected by traditional banks.
Economic Impact
NBFCs contribute significantly to India's GDP.
They support sectors like micro, small, and medium enterprises (MSMEs), housing finance, and personal loans.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Exploring Abhay Bhutada’s Views After Poonawalla Fincorp’s Collaboration With...beulahfernandes8
The financial landscape in India has witnessed a significant development with the recent collaboration between Poonawalla Fincorp and IndusInd Bank.
The launch of the co-branded credit card, the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card, marks a major milestone for both entities.
This strategic move aims to redefine and elevate the banking experience for customers.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
2. 1. Introduction _________________________ 1
2. Eligible Industrial Units ________________________ 1
3. Financial Incentives
3.1 Mega/Ultra Mega Projects ____________________ 3
3.2 Large Scale Projects ____________________ 5
3.3 Medium and Small Enterprise ____________________ 8
4. Monetary Ceiling ________________________ 12
TABLE OF CONTENT
3. P a g e | 1
In order to encourage the dispersal of industries to lesser developed areas of the State,
the Government has been giving package of incentives to New Industrial Units /
Expansion Units set up in the developing regions
In the light of the Industrial Policy of -2013 and introduce a new “Package Scheme of
Incentives 2013”, containing details of eligibility criteria, quantum of incentives and
monitoring mechanism for administering the incentives during the period up to the
31st March, 2018.
1. Industries listed in the First Schedule of the Industries (Development and
Regulation) Act, 1951, as amended from time to time
2. Manufacturing Enterprises as defined in the Micro, Small and Medium
Enterprises Development Act, 2006. (MSMED Act, 2006)
3. Information Technology Manufacturing Units registered with the Directorate of
Industries or the Maharashtra Industrial Development Corporation (MIDC) or the
Development Commissioner, Santacruz Electronic Export Processing Zone
(SEEPZ) or Software Technology Parks of India (STPI) in the State.
4. Bio-technology Manufacturing Units as specified by the Government from time
to time, which are outside the purview of any registering authority mentioned
above.
5. Cold Storages
6. Mechanized Food/Agro Processing Industries in the following sectors:
· Dairy, Fruit and Vegetable Processing.
· Grain Processing.
· Fish Processing.
· Consumer foods including Packed foods.
· Non alcoholic beverages from fruits and vegetables.
7. Central Public Sector Units which satisfy the qualifying criteria as defined in Para
below.
INTRODUCTION
ELIGIBLE INDUSTRIAL UNITS
4. P a g e | 2
Micro, Small and Medium Manufacturing Enterprises (MSMEs)
MSMEs shall be construed as per their definition in the Micro, Small and Medium
Enterprises Development Act, 2006. (MSMED Act, 2006)
Large Scale Units
Industrial Units, having investment more than the Medium Manufacturing Enterprises
as defined under the MSMED Act, 2006, but less than the Mega Projects defined below,
shall be classified as Large Scale Units (LSI)
Mega Projects / Ultra Mega Projects
Industrial Units satisfying the minimum threshold limits of Fixed Capital Investment or
Direct Employment prescribed in the following table shall be classified as Mega
Projects/ Ultra Mega Projects.
The investment in Captive Power Plant shall not be considered for determining the
qualifying criteria for eligibility as Mega Project/Ultra Mega Project.
Type of unit
Taluka/ Area
Classification
Minimum Fixed
Capital
Investment (Rs.
Crore)
Minimum Direct
Employment(No.)
Mega Project
A & B 750 1,500
C 500 1,000
D & D+ 250 500
No Industry
Districts & Naxalism
Affected Area
100 250
Ultra Mega
Project
Entire state 1,500 3,000
5. P a g e | 3
FINANCIAL INCENTIVES
FOR
MEGA / ULTRA MEGA PROJECTS
6. P a g e | 4
FINANCIAL INCENTIVES FOR MEGA PROJECTS/ ULTRA MEGA
PROJECTS
The quantum of incentives for Mega Projects and Ultra Mega Projects shall be decided
by the High Power Committee under the chairmanship of the Chief Secretary,
Government of Maharashtra on a case to case basis. However the Cabinet Sub
Committee for Industry, under the chairmanship of the Chief Minister of Maharashtra
will have the powers to sanction customized package of incentives and even offer
special / extra incentives for prestigious Mega Projects / Ultra Mega Projects, on a case
to case basis.
7. P a g e | 5
FINANCIAL INCENTIVES
FOR
LARGE SCALE PROJECTS
8. P a g e | 6
Industrial Promotion Subsidy
Sr.
No.
Taluka/Area Classification The Industrial Promotion Subsidy Every Year
1. Naxalism affected area
100% VAT on local sales minus Input Tax
Credit (ITC) or zero whichever is more + CST
payable
2.
No Industries Districts,
Vidarbha and Marathwada
90% VAT on local sales minus ITC or zero
whichever is more + CST payable
3.
Group D+ Taluka (Other than
Sr. No. 1 and 2)
80% VAT on local sales minus ITC or zero
whichever is more + CST payable
4.
Group D Taluka (Other than
Sr. No. 1 & 2)
70% VAT on local sales minus ITC or zero
whichever is more + CST payable
5. Group C Taluka
60% VAT on local sales minus ITC or zero
whichever is more + CST payable
Exemption from Electricity Duty
All Eligible New Units in Group C, D, and D+ areas and No-Industry District(s) and
Naxalism affected Area will be exempted from payment of Electricity Duty during
eligibility period not exceeding 15 years.
In Group A and B areas, 100% Export Oriented Units (EOUs), Information Technology
Manufacturing Units and Bio-Technology Manufacturing units will also be exempted
from payment of Electricity Duty for a period of 7 Years.
Waiver of Stamp Duty
New Units as well as Units undertaking Expansion/ Diversification will be exempted
from payment of Stamp duty during the Investment period in Group “C, D, D+ Talukas,
No Industry Districts and Naxalism affected areas.
9. P a g e | 7
However, in Group A and B areas, stamp duty exemption would be available as given
below:
· BT Manufacturing and IT Manufacturing Units in Public Parks : 100%
· BT Manufacturing and IT Manufacturing Units in Private Parks : 75%
· Mega Projects - 50% for first conveyance deed only
Other Incentives
LSI and Expansion thereof will be eligible for the following incentives in all categories of
areas
i. 75% of cost of Water Audit limited to Rs. 1.00 lakh.
ii. 75% of cost of Energy Audit limited to Rs. 2.00 lakh.
iii. 50% of the cost of Capital Equipment under the measures to
Conserve/Recycle Water, limited to Rs. 5 lakh
iv. 50% of the cost of Capital Equipment for improving Energy Efficiency,
limited to Rs. 5 lakh.
10. P a g e | 8
FINANCIAL INCENTIVES
FOR
MEDIUM SMALL AND MICRO
ENTERPRISE [MSME’s]
11. P a g e | 9
Industrial Promotion Subsidy
Sr.
No.
Taluka/Area Classification The Industrial Promotion Subsidy Every Year
1. Naxalism affected area
VAT on local sales minus Input Tax Credit (ITC)
or zero whichever is more + CST payable +
100% of ITC
2.
No Industries District VAT on local sales minus ITC or zero
whichever is more + CST payable + 75% of ITC
3.
Entire Vidarbha and
Marathwada (Other than Sr.
No. 1 & 2.)
VAT on local sales minus ITC or zero
whichever is more + CST payable + 65% of ITC
4.
Group D+ Taluka
(Other than Sr.No.1 and 3)
VAT on local sales minus ITC or zero
whichever is more + CST payable + 50% of ITC
5. Group C Taluka
VAT on local sales minus ITC or zero
whichever is more + CST payable + 40% of ITC
6.
Group B Taluka VAT on local sales minus ITC or zero
whichever is more + CST payable + 20% of ITC
Interest Subsidy
All eligible new Micro, Small and Medium Manufacturing Enterprises in areas other
than Group “A” will be eligible for interest subsidy upto 5% p.a. The quantum of
interest subsidy payable every year will not exceed the bills paid for electricity
consumed during the relevant year.
Exemption from Electricity Duty
All Eligible New Units in Group C, D, and D+ areas and No-Industry District(s) and
Naxalism affected Area will be exempted from payment of Electricity Duty during
eligibility period not exceeding 15 years.
In Group A and B areas, 100% Export Oriented Units (EOUs), Information Technology
Manufacturing Units and Bio-Technology Manufacturing units will also be exempted
from payment of Electricity Duty for a period of 7 Years.
12. P a g e | 10
Waiver of Stamp Duty
New Units as well as Units undertaking Expansion/ Diversification will be exempted
from payment of Stamp duty during the Investment period in Group “C, D, D+ Talukas,
No Industry Districts and Naxalism affected areas.
However, in Group A and B areas, Stamp Duty exemption would be available as given
below:
· BT Manufacturing and IT Manufacturing Units in Public Parks : 100%
· BT Manufacturing and IT Manufacturing Units in Private Parks : 75%
· Mega Projects - 50% for first conveyance deed only
Power Tariff Subsidy
Eligible New Micro, Small and Medium Enterprises (MSME) will be eligible for power
tariff subsidy. The subsidy will be to the tune of Rs 1/- per unit for the Units located in
Vidarbha, Marathwada, North Maharashtra and the Districts of Raigad, Ratnagiri and
Sindhudurg in Kokan Region and Rs 0.50 per unit for the Units in other areas of the
State for a period of 3 years from the date of commencement of commercial
production, for the energy consumed and paid. The Units in Group “A” areas will
however not be eligible for this incentive.
Incentives for Strengthening MSMEs
The followings incentives shall be admissible to the MSMEs and LSIs so as to promote
Quality Competitiveness, Research & Development, Technology Upgradation, Water &
Energy Conservation, Cleaner Production Measures and Credit Rating
A. New MSMEs and Expansion thereof in all categories of areas will be eligible for
following incentives
i. 5% subsidy on capital equipment for Technology Up–gradation, subject to
a maximum of Rs.25 lakhs
ii. 75 % subsidy on the expenses incurred on Quality Certification limited to
Rs. 1 Lakh.
iii. 25% subsidy on capital equipment for Cleaner Production measures
,limited to Rs.5 Lakhs
13. P a g e | 11
iv. 75 % subsidy on the expenses incurred on Patent Registration limited to
Rs. 10 Lakh for the National Patents and Rs. 20 lakhs for the International
Patents.
B. Incentives for Credit Rating of MSMEs in all categories of areas
75% of the cost of carrying out Credit Rating by Small Industries
Development Bank of India/ Government accredited Credit Rating Agency,
limited to Rs. 40,000.
C. New MSMEs and Expansion thereof will be eligible for the following incentives in
all categories of areas
v. 75% of cost of Water Audit limited to Rs. 1.00 lakh.
vi. 75% of cost of Energy Audit limited to Rs. 2.00 lakh.
vii. 50% of the cost of Capital Equipment under the measures to
conserve/recycle water, limited to Rs. 5 lakh
viii. 50% of the cost of Capital Equipment for improving Energy Efficiency,
limited to Rs. 5 lakh.
For Expansion and Diversification Units
Existing/New Micro, Small and Medium Manufacturing Enterprises, LSI (including
Manufacturing IT/BT) Units, qualifying as Expansion/Diversification Units, will also be
eligible to get the Incentives for Expansion /Diversification, equivalent to 75% of the
incentives admissible for New Units. The eligibility period for availing of the incentives
will however be reduced by one year in case of Expansion/Diversification Units.
14. P a g e | 12
New MSME/LSI Units will eligible for a basket of incentives mentioned in above Paras,
the total quantum of which will be linked to the Fixed Capital Investment.
Talulka/Area
Micro, Small & Medium
Enterprises
Large Projects (LSI)
Ceiling as % of
Fixed Capital
Investment
No. of
Years
Ceiling as % of
Fixed Capital
Investment
No. of
Years
A -- 7 -- 7
B 20 7 -- 7
C 40 7 30 7
D 70 7 40 7
D+ 80 7 50 7
No Industry
District
90 7 70 7
Naxalism
Affected Area
100 7 80 7
The total quantum of incentives for the Food /Agro Processing Units will be 10% over
and above the limits mentioned above and such units will get one more year of
eligibility to avail of the incentives.
MONETARY CEILING
15. P a g e | 13
Nitin Pahilwani
Chartered Accountant
Email: ntpahilwani@yahoo.com / ntpahilwani@gmail.com
http://in.linkedin.com/in/ntpahilwani
The information contained herein is of general nature and is not intended to address the
circumstances of any particular individual or entity. Although I endeavor to provide accurate and
timely information, there can be no guarantee that such information is accurate as of the date it is
received or that will continue to accurate in future. No one should act on such information without
appropriate professional advice after a thorough examination of the particular situation.