This document provides information on industrial incentive schemes offered by the state governments of Maharashtra and Gujarat. It summarizes the key industrial policies, eligibility criteria, classification of areas, incentives provided like capital subsidy, interest subsidy, SGST refund etc. under the schemes. The Maharashtra section covers the industrial policy 2019, women entrepreneur policy and textile policy. The Gujarat section discusses the industrial policy 2016 and schemes for industries. Eligible investments, timelines and quantum of incentives are also outlined.
Impact on TMT industry from Union Budget 2020aakash malhotra
The document summarizes key technology, media, and telecommunications announcements from the Indian Union Budget 2020. It discusses plans to invest in quantum technology, data center parks, smart metering, and electronic manufacturing. Support for startups is expanded through early funding and intellectual property protection measures. Tax changes include removing dividend distribution tax, reducing fees for technical services withholding tax, and expanding the scope of income attributable to business connections in India.
Karnataka Industrial Policy 2014 -19, Incentives for women entrepreneurseMERG
The document summarizes the Karnataka Industrial Policy for 2014-2019. Some key points:
- It aims to promote industrial areas and reservations for women entrepreneurs. Low interest loans and training programs will be provided.
- Data on MSME units established during 2009-2014 shows more men's units than women's, but women provided more employment.
- Subsidies are provided differently based on zone and region. More developed zones receive less support. Women and SC/ST entrepreneurs receive higher subsidies.
- Incentives include investment subsidies, stamp duty and tax exemptions, interest subsidies, grants for certification, technology and environmental programs. Amounts vary by zone.
- Terms and conditions define eligibility
This document outlines the Gujarat Industrial Policy 2020 which provides various incentives and assistance for large industries, thrust sectors, MSMEs, startups, and industrial infrastructure development. Key incentives include capital investment subsidies up to 12% of investment, interest subsidies up to 7-9% of loans, and assistance for quality certifications, technology acquisition, ERP systems, and patent registration. Eligible industries must meet investment thresholds, create jobs, and maintain production levels to qualify for the benefits under this policy.
The Indian government has restructured the Technology Upgradation Fund Scheme (TUFS) for the textile industry to promote investment and development. Key changes include capping total subsidies at Rs. 1972 crores until 2012, promoting investments in underdeveloped areas like processing, and offering higher subsidies for new shuttle-less looms and integrated spinning and weaving units. The objective is to leverage Rs. 46900 crores in investment and promote a more balanced industry across the value chain through support for modernization and capacity expansion.
Market remained volatile during January 2020 and turned bearish in the second half of the month. The Indian benchmark indices closed negative with S&P BSE Sensex down by 1.29% and the Nifty 50 was down by 1.81%. India’s performance rank slipped among key EM trackers shows. India ranked fifth among the ten markets considered by the tracker in December, behind China, Brazil, Indonesia, and the Philippines. It was at the third position in November 2019, behind the Philippines and China.
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 document provides a summary and analysis of key points from the Indian Union Budget 2020-2021 presented by the Finance Minister. Some of the key highlights included in the 3-page summary are:
- A new optional income tax regime that provides lower tax rates but removes certain deductions and exemptions.
- Proposed disinvestment target of INR 2.1 lakh crore through sale of stakes in PSUs like LIC and BPCL.
- Infrastructure spending to get a boost through initiatives like the National Infrastructure Pipeline.
- Customs duties increased on various imports like electronics, footwear, and furniture to boost domestic manufacturing.
- Measures to resolve long pending direct tax disputes and raise funds through disinvestment
The document summarizes the Gujarat Industrial Policy 2009 and its incentive schemes. The policy aims to promote investments, employment opportunities, quality, and investor facilitation through various schemes. It provides assistance to MSMEs, textiles, gems and jewelry sectors, and industrial infrastructure development. Key assistance includes interest subsidies, technology acquisition funds, training programs, and infrastructure development subsidies of up to 60% of costs.
Impact on TMT industry from Union Budget 2020aakash malhotra
The document summarizes key technology, media, and telecommunications announcements from the Indian Union Budget 2020. It discusses plans to invest in quantum technology, data center parks, smart metering, and electronic manufacturing. Support for startups is expanded through early funding and intellectual property protection measures. Tax changes include removing dividend distribution tax, reducing fees for technical services withholding tax, and expanding the scope of income attributable to business connections in India.
Karnataka Industrial Policy 2014 -19, Incentives for women entrepreneurseMERG
The document summarizes the Karnataka Industrial Policy for 2014-2019. Some key points:
- It aims to promote industrial areas and reservations for women entrepreneurs. Low interest loans and training programs will be provided.
- Data on MSME units established during 2009-2014 shows more men's units than women's, but women provided more employment.
- Subsidies are provided differently based on zone and region. More developed zones receive less support. Women and SC/ST entrepreneurs receive higher subsidies.
- Incentives include investment subsidies, stamp duty and tax exemptions, interest subsidies, grants for certification, technology and environmental programs. Amounts vary by zone.
- Terms and conditions define eligibility
This document outlines the Gujarat Industrial Policy 2020 which provides various incentives and assistance for large industries, thrust sectors, MSMEs, startups, and industrial infrastructure development. Key incentives include capital investment subsidies up to 12% of investment, interest subsidies up to 7-9% of loans, and assistance for quality certifications, technology acquisition, ERP systems, and patent registration. Eligible industries must meet investment thresholds, create jobs, and maintain production levels to qualify for the benefits under this policy.
The Indian government has restructured the Technology Upgradation Fund Scheme (TUFS) for the textile industry to promote investment and development. Key changes include capping total subsidies at Rs. 1972 crores until 2012, promoting investments in underdeveloped areas like processing, and offering higher subsidies for new shuttle-less looms and integrated spinning and weaving units. The objective is to leverage Rs. 46900 crores in investment and promote a more balanced industry across the value chain through support for modernization and capacity expansion.
Market remained volatile during January 2020 and turned bearish in the second half of the month. The Indian benchmark indices closed negative with S&P BSE Sensex down by 1.29% and the Nifty 50 was down by 1.81%. India’s performance rank slipped among key EM trackers shows. India ranked fifth among the ten markets considered by the tracker in December, behind China, Brazil, Indonesia, and the Philippines. It was at the third position in November 2019, behind the Philippines and China.
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 document provides a summary and analysis of key points from the Indian Union Budget 2020-2021 presented by the Finance Minister. Some of the key highlights included in the 3-page summary are:
- A new optional income tax regime that provides lower tax rates but removes certain deductions and exemptions.
- Proposed disinvestment target of INR 2.1 lakh crore through sale of stakes in PSUs like LIC and BPCL.
- Infrastructure spending to get a boost through initiatives like the National Infrastructure Pipeline.
- Customs duties increased on various imports like electronics, footwear, and furniture to boost domestic manufacturing.
- Measures to resolve long pending direct tax disputes and raise funds through disinvestment
The document summarizes the Gujarat Industrial Policy 2009 and its incentive schemes. The policy aims to promote investments, employment opportunities, quality, and investor facilitation through various schemes. It provides assistance to MSMEs, textiles, gems and jewelry sectors, and industrial infrastructure development. Key assistance includes interest subsidies, technology acquisition funds, training programs, and infrastructure development subsidies of up to 60% of costs.
The budget document highlights key themes of the Indian budget including ease of governance, financial sector reforms, aspirational economic growth, and building a caring society. It provides allocations and targets for sectors like agriculture, infrastructure, industry, education, healthcare, and social welfare. Macroeconomic indicators are presented showing steady GDP growth, declining fiscal and current account deficits, and increasing foreign exchange reserves. The tax proposals section outlines changes to corporate tax rates, income tax slabs, and GST implementation. Major schemes see increased allocations for 2020-21.
highlights & Key featuresof budget 2020 pdf- Dr Ajay ShuklaProf. Ajay H Shukla
The budget document highlights key themes of the Indian budget including ease of governance, financial sector reforms, aspirational economic growth, and building a caring society. It provides allocations and targets for sectors like agriculture, infrastructure, industry, education, healthcare, and social welfare. Macroeconomic indicators are presented showing GDP growth, inflation, fiscal deficits, debt levels, and foreign exchange reserves. The tax proposals section outlines changes to corporate tax rates, income tax slabs, and GST implementation. Major schemes see increased allocations for 2020-21.
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
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.
The document discusses the Technology Upgradation Fund Scheme (TUFS) in India, which aims to modernize and upgrade technology in the textile sector. Some key points:
1) TUFS provides capital funding to textile units for upgrading technology to state-of-the-art levels and help the industry compete globally.
2) It reimburses 5% annual interest on loans taken for buying new machinery. Some segments get capital subsidies instead.
3) Major beneficiary states are Gujarat, Tamil Nadu, Punjab, Maharashtra and Rajasthan. Spinning, processing, garmenting and weaving are thrust segments.
4) The budget allocation has increased over time to
These slides include presentations on some changes on GST. This presentation does not include complete information. I hope whatever you read is up to your expectation. If not mentioned me in th ecomments
The National Commission for Enterprises in the Unorganised Sector (NCEUS) was set up in 2004 by the United Progressive Alliance (UPA) government as an advisory body and a watchdog for the informal sector. In this report, the Commission discusses the technological needs of the unorganised sector and makes recommendations to increase the productivity, employment and earnings of the sector’s enterprises and the workers.
The report states that more than 94 per cent of enterprises in India are in the unorganised sector, many of them in rural India – micro, khadi and village enterprises such as handlooms, handicrafts, coir, leather, apparel, food processing and retail trade, which contribute over 31 per cent to GDP. The Third All India Census of Small Scale Industries (2001-02) says that more than 85 per cent of the total registered small-scale industry (SSI) units did not have access to technical know-how.
The post-liberalisation business environment had become difficult for micro and small enterprises because of increased domestic and international competition. They were not prepared for the ensuing challenges. This report highlights the consequent issues, including low incomes, inadequate credit, low education levels, a lack of training, difficulties in procuring materials, logistics and low sales margins. It lists recommendations to overcome each of these challenges, with a focus on improving the overall efficiency of the sector.
Union Budget: Sector Highlights 2018-19 - Prepared by Edelman IndiaEdelmanIndiaPA
Highlights of key announcements made by Hon'ble Minister of Finance, Shri Arun Jaitley, during this year's Union Budget.
The sectors covered are:
1) Agriculture and Rural Development
2) Banking, Financial Services and Insurance
3) E-commerce and Retail
4) Energy
5) FMCG, Food & Beverages
6) Infrastructure and Housing
7) Manufacturing
8) Railways
9) Social Welfare
10) IT & Telecom
The interim budget for 2019-20 proposed several tax benefits for individuals and businesses. However, economists are skeptical about the government's revenue assumptions and achieving the fiscal deficit targets. While the budget aimed to boost incomes ahead of elections, higher spending may not be feasible and cuts could occur later in the year if tax revenues do not increase as projected.
Dr.C.Muthuraja's Presentation on UNION BUDGET 2016-17: EMPLOYMENT & ENTREPREN...Chinnasamy Muthuraja
The document summarizes key aspects of the Union Budget 2016-17 presented by the government of India, including its focus on employment generation and entrepreneurship. Some of the main points covered include allocating more funds for skill development initiatives, reducing corporate tax rates for small businesses, providing tax incentives for new businesses and startups, and extending presumptive taxation schemes to boost employment and economic growth. The budget aims to balance priorities around agriculture, education, healthcare, and infrastructure development to transform India's economy and improve people's lives.
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
India's textile industry produces 42,000 million square meters of fabric and 5,000 million pieces of readymade garments annually. The industry is poised for strong growth, with apparel exports projected to rise from $6.1 billion currently to $15 billion by 2010. The government has implemented business-friendly policies like lowered import duties and tax benefits to attract foreign investment and help the industry expand. India needs access to innovative fabrics and accessories as it aims to meet domestic and export demand for textiles and apparel.
An Emerging Market Opportunity For Global Manufacturers & Suppliers Ofapparel...FNian
India's textile industry produces 42,000 million square meters of fabric and 5,000 million pieces of readymade garments annually. The industry is poised for strong growth, with apparel exports projected to rise from $6.1 billion currently to $15 billion by 2010. The government is supporting industry modernization and expansion through policies like lowered import duties and tax incentives. India needs access to innovative fabrics and accessories to meet the demands of its growing apparel exports and domestic markets.
The budget document summarizes key aspects of the 2013-14 Union Budget of India. It outlines estimated government revenues and expenditures for the year, including a total expenditure of 16.65 trillion rupees and a plan to raise 180 billion rupees in taxes. It also discusses areas of increased spending such as rural development, agriculture, and defense. Eating out at air-conditioned restaurants is projected to become more expensive due to a new 12.36% service tax being levied on the industry.
The document provides an overview of India's foreign trade policy from 2009-2014. It discusses the objectives of promoting exports and increasing India's competitiveness globally. Key points include expanding focus market and product schemes to provide incentives for exports, adding new sectors and markets to these schemes, easing restrictions on sectors like EOUs, and simplifying processes around samples, shipping bills and medical device certifications to reduce transaction costs and facilitate trade. The policy aimed to arrest the declining export trend and achieve annual export growth targets over the short, medium and long term through these measures.
The document discusses India's small-scale sector, also known as the MSME sector. It defines micro, small, and medium enterprises based on their investment in plant and machinery. In 2007, the Ministry of Small Scale Industries and Ministry of Agro and Rural Industries merged to form the Ministry of Micro, Small and Medium Enterprises. MSMEs play an important role in the Indian economy by generating employment, promoting equitable income distribution and effective capital mobilization. The document provides statistics on MSME growth and contribution to GDP. It also outlines various government policies and programs that support the development and growth of MSMEs.
- The document outlines the Gujarat Industrial Policy 2020, which provides various incentives and assistance for large enterprises, MSMEs, startups, research and development activities, and industrial infrastructure development.
- Key incentives for large enterprises and thrust sectors include capital investment subsidies ranging from 4-12% of investment, depending on the type and location of project. Subsidies are provided for up to Rs. 40 crore over 10 years.
- Assistance for MSMEs includes capital investment subsidies up to 25% of loan amount, interest subsidies up to 7% of loans for 7 years, and various market development, skill development, and certification supports.
- Incentives are also provided for startups,
This document outlines an incentive scheme introduced by the Government of Telangana to promote growth in the state's textiles and apparel sector. Key points:
- Telangana is a major cotton producer but most processing currently occurs outside the state; the scheme aims to encourage more value addition within Telangana.
- The scheme provides various capital subsidies, operational assistance like interest subsidies and power tariff subsidies, infrastructure support including land allotment, and skills training subsidies to new and existing textile/apparel units in the state over 5 years.
- Incentives are segmented based on investment amount and jobs created, with higher benefits for larger projects. Returning weaver migrants are also eligible for certain subsidies
The budget document highlights key themes of the Indian budget including ease of governance, financial sector reforms, aspirational economic growth, and building a caring society. It provides allocations and targets for sectors like agriculture, infrastructure, industry, education, healthcare, and social welfare. Macroeconomic indicators are presented showing steady GDP growth, declining fiscal and current account deficits, and increasing foreign exchange reserves. The tax proposals section outlines changes to corporate tax rates, income tax slabs, and GST implementation. Major schemes see increased allocations for 2020-21.
highlights & Key featuresof budget 2020 pdf- Dr Ajay ShuklaProf. Ajay H Shukla
The budget document highlights key themes of the Indian budget including ease of governance, financial sector reforms, aspirational economic growth, and building a caring society. It provides allocations and targets for sectors like agriculture, infrastructure, industry, education, healthcare, and social welfare. Macroeconomic indicators are presented showing GDP growth, inflation, fiscal deficits, debt levels, and foreign exchange reserves. The tax proposals section outlines changes to corporate tax rates, income tax slabs, and GST implementation. Major schemes see increased allocations for 2020-21.
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
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.
The document discusses the Technology Upgradation Fund Scheme (TUFS) in India, which aims to modernize and upgrade technology in the textile sector. Some key points:
1) TUFS provides capital funding to textile units for upgrading technology to state-of-the-art levels and help the industry compete globally.
2) It reimburses 5% annual interest on loans taken for buying new machinery. Some segments get capital subsidies instead.
3) Major beneficiary states are Gujarat, Tamil Nadu, Punjab, Maharashtra and Rajasthan. Spinning, processing, garmenting and weaving are thrust segments.
4) The budget allocation has increased over time to
These slides include presentations on some changes on GST. This presentation does not include complete information. I hope whatever you read is up to your expectation. If not mentioned me in th ecomments
The National Commission for Enterprises in the Unorganised Sector (NCEUS) was set up in 2004 by the United Progressive Alliance (UPA) government as an advisory body and a watchdog for the informal sector. In this report, the Commission discusses the technological needs of the unorganised sector and makes recommendations to increase the productivity, employment and earnings of the sector’s enterprises and the workers.
The report states that more than 94 per cent of enterprises in India are in the unorganised sector, many of them in rural India – micro, khadi and village enterprises such as handlooms, handicrafts, coir, leather, apparel, food processing and retail trade, which contribute over 31 per cent to GDP. The Third All India Census of Small Scale Industries (2001-02) says that more than 85 per cent of the total registered small-scale industry (SSI) units did not have access to technical know-how.
The post-liberalisation business environment had become difficult for micro and small enterprises because of increased domestic and international competition. They were not prepared for the ensuing challenges. This report highlights the consequent issues, including low incomes, inadequate credit, low education levels, a lack of training, difficulties in procuring materials, logistics and low sales margins. It lists recommendations to overcome each of these challenges, with a focus on improving the overall efficiency of the sector.
Union Budget: Sector Highlights 2018-19 - Prepared by Edelman IndiaEdelmanIndiaPA
Highlights of key announcements made by Hon'ble Minister of Finance, Shri Arun Jaitley, during this year's Union Budget.
The sectors covered are:
1) Agriculture and Rural Development
2) Banking, Financial Services and Insurance
3) E-commerce and Retail
4) Energy
5) FMCG, Food & Beverages
6) Infrastructure and Housing
7) Manufacturing
8) Railways
9) Social Welfare
10) IT & Telecom
The interim budget for 2019-20 proposed several tax benefits for individuals and businesses. However, economists are skeptical about the government's revenue assumptions and achieving the fiscal deficit targets. While the budget aimed to boost incomes ahead of elections, higher spending may not be feasible and cuts could occur later in the year if tax revenues do not increase as projected.
Dr.C.Muthuraja's Presentation on UNION BUDGET 2016-17: EMPLOYMENT & ENTREPREN...Chinnasamy Muthuraja
The document summarizes key aspects of the Union Budget 2016-17 presented by the government of India, including its focus on employment generation and entrepreneurship. Some of the main points covered include allocating more funds for skill development initiatives, reducing corporate tax rates for small businesses, providing tax incentives for new businesses and startups, and extending presumptive taxation schemes to boost employment and economic growth. The budget aims to balance priorities around agriculture, education, healthcare, and infrastructure development to transform India's economy and improve people's lives.
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
India's textile industry produces 42,000 million square meters of fabric and 5,000 million pieces of readymade garments annually. The industry is poised for strong growth, with apparel exports projected to rise from $6.1 billion currently to $15 billion by 2010. The government has implemented business-friendly policies like lowered import duties and tax benefits to attract foreign investment and help the industry expand. India needs access to innovative fabrics and accessories as it aims to meet domestic and export demand for textiles and apparel.
An Emerging Market Opportunity For Global Manufacturers & Suppliers Ofapparel...FNian
India's textile industry produces 42,000 million square meters of fabric and 5,000 million pieces of readymade garments annually. The industry is poised for strong growth, with apparel exports projected to rise from $6.1 billion currently to $15 billion by 2010. The government is supporting industry modernization and expansion through policies like lowered import duties and tax incentives. India needs access to innovative fabrics and accessories to meet the demands of its growing apparel exports and domestic markets.
The budget document summarizes key aspects of the 2013-14 Union Budget of India. It outlines estimated government revenues and expenditures for the year, including a total expenditure of 16.65 trillion rupees and a plan to raise 180 billion rupees in taxes. It also discusses areas of increased spending such as rural development, agriculture, and defense. Eating out at air-conditioned restaurants is projected to become more expensive due to a new 12.36% service tax being levied on the industry.
The document provides an overview of India's foreign trade policy from 2009-2014. It discusses the objectives of promoting exports and increasing India's competitiveness globally. Key points include expanding focus market and product schemes to provide incentives for exports, adding new sectors and markets to these schemes, easing restrictions on sectors like EOUs, and simplifying processes around samples, shipping bills and medical device certifications to reduce transaction costs and facilitate trade. The policy aimed to arrest the declining export trend and achieve annual export growth targets over the short, medium and long term through these measures.
The document discusses India's small-scale sector, also known as the MSME sector. It defines micro, small, and medium enterprises based on their investment in plant and machinery. In 2007, the Ministry of Small Scale Industries and Ministry of Agro and Rural Industries merged to form the Ministry of Micro, Small and Medium Enterprises. MSMEs play an important role in the Indian economy by generating employment, promoting equitable income distribution and effective capital mobilization. The document provides statistics on MSME growth and contribution to GDP. It also outlines various government policies and programs that support the development and growth of MSMEs.
- The document outlines the Gujarat Industrial Policy 2020, which provides various incentives and assistance for large enterprises, MSMEs, startups, research and development activities, and industrial infrastructure development.
- Key incentives for large enterprises and thrust sectors include capital investment subsidies ranging from 4-12% of investment, depending on the type and location of project. Subsidies are provided for up to Rs. 40 crore over 10 years.
- Assistance for MSMEs includes capital investment subsidies up to 25% of loan amount, interest subsidies up to 7% of loans for 7 years, and various market development, skill development, and certification supports.
- Incentives are also provided for startups,
This document outlines an incentive scheme introduced by the Government of Telangana to promote growth in the state's textiles and apparel sector. Key points:
- Telangana is a major cotton producer but most processing currently occurs outside the state; the scheme aims to encourage more value addition within Telangana.
- The scheme provides various capital subsidies, operational assistance like interest subsidies and power tariff subsidies, infrastructure support including land allotment, and skills training subsidies to new and existing textile/apparel units in the state over 5 years.
- Incentives are segmented based on investment amount and jobs created, with higher benefits for larger projects. Returning weaver migrants are also eligible for certain subsidies
Financial Incentives in Industrial Policy of Maharashtra, 2013Nitin Pahilwani
The document outlines the financial incentives provided in the Industrial Policy of Maharashtra from 2013-2018. It details the eligible industrial units, which include mega/ultra mega projects, large scale projects, and medium and small enterprises. It then provides information on the various financial incentives offered, including industrial promotion subsidies, interest subsidies, electricity duty exemptions, stamp duty waivers, power tariff subsidies, and incentives for strengthening MSMEs. It concludes with monetary ceilings on the total incentives available based on the type and location of the industrial unit.
The document discusses various subsidies and incentives provided by the central and state governments in India to promote industrial development. Some of the key subsidies and incentives mentioned include:
- Interest subsidies of 5-6% and capital subsidies of 15-30% under the TUFS program for textile industries.
- 15% capital subsidy under CLCSS for technology upgradation of small industries, up to Rs. 15 lakhs.
- 25-33% subsidy on capital costs for food processing plants under the Ministry of Food Processing scheme.
- Various state subsidies for industries located in less developed regions, including VAT reimbursements, electricity duty waivers, and power tariff subsidies.
- Subsidies
Subsidy - New opportunites for chartered accountantSwati Gupta
The document discusses various government schemes to support businesses in India, including capital subsidies, interest subsidies, and tax subsidies. It provides details on 10 different capital subsidy schemes for small and medium enterprises focused on industries like textiles, handlooms, food processing, etc. It also outlines 7 interest subsidy schemes under the Technology Upgradation Fund Scheme (TUFS) for textiles, technical textiles, and other industries. Other subsidies and exemptions discussed include power tariff subsidies, VAT refunds, and electric duty exemptions for spinning and weaving units. The document emphasizes exploring all available schemes and following application procedures carefully to maximize benefits for clients.
This document summarizes government solar and net metering policies presented by Er. Kishor Shinde of MEDA. It outlines national and state renewable energy targets, including Maharashtra's goal of 14.4 GW of renewable capacity by 2022. It also details the national solar mission target of 100 GW by 2022 and Maharashtra's rooftop solar roadmap. The document reviews MSEDCL's net metering regulations and tariff structures, and highlights innovative state programs like the Chief Minister Solar Agriculture Feeder Scheme.
Scheme for Incentive to Industries (Gujarat)
Get minimum 70% refund of investment in factory set up in Gujarat
Applicability of scheme: applicable to an industrial unit which commences commercial production during the operative period of scheme in Gujarat (2016-21)
Eligible Investment: Land, building, plant and machinery, Technology, design and drawings, patents, project related infrastructure
Quantum of Incentive: minimum refund of 70% of eligible investment in taluka of category of 3 – additional percentage if set up in category 1 or 2 taluka - subject to certain percentage of net VAT/ SGST reimbursement
Time period for consideration of eligible fixed investment:
The assets acquired and paid on or after 1/1/2015 till the following time:
• MSME: 12 month from Date of Commencement of Production
• Large Industries (more than 10 crore investment): 15 month from DOCP
Other condition:
• Unit has to employ at least 85% of its total employees domiciled in Gujarat.
• Also employ not less than 60% of managerial and supervisory staff
Our Deliverables:
We provide service of getting above subsidy from Gujarat Government. We have team of competent professional expertise in providing assistance for getting above subsidy from Gujarat Government and offer various related services to our clients who do not have to make any extra efforts to get above subsidy.
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
Policies by Government of Maharashtra, towards EV, FinTech, Retail, Women Entrepreneurs, SC & ST Entrepreneur, Aerospace and Defence, IT & ITES and Textile
This presentation gives an overview of the Micro, Small & Medium Enterprise sector in the state of Gujarat as well as India. While detailing the various incentives & schemes given by the government to different MSMEs, the presentation makes a strong case for growth of MSMEs in the state through the assistance provided by the government under Industrial policy 2015
The Jammu & Kashmir Industrial Policy-2004 aims to promote industrialization in the state through 2025. Key elements include expanding capital investment subsidies for backward blocks and modernizing existing industries, providing subsidies for infrastructure development, pollution control, skills training, and brand promotion. An industrial committee will be formed to facilitate interaction between industry and government and address industry needs. The policy is expected to usher in a new era of industrialization in Jammu & Kashmir.
This document introduces Swastik Consultancy, a company that provides consultancy services for various government subsidy schemes for textile industries in India, including the Technology Upgradation Fund (TUF) scheme. It lists the different subsidy rates available under TUF for various textile segments. It also lists other subsidies available from state governments of Maharashtra and Gujarat for textile and manufacturing units. Swastik Consultancy offers end-to-end services for clients applying for these subsidies, including paperwork, processing, liaising, and ensuring approval and release of funds. Being located near Mumbai, it aims to provide fast, efficient, and affordable services to clients.
The document discusses various policies and schemes introduced by the Telangana government to promote electronics manufacturing in the state:
1) The Telangana Electronic Policy provides incentives like stamp duty and land cost reimbursements, electricity duty exemptions, import subsidies, and investment subsidies for eligible electronics companies.
2) The Electronics Manufacturing Clusters 2.0 scheme provides financial assistance up to 75% of project costs to develop electronics manufacturing clusters and common facilities.
3) The Product Linked Incentive Scheme offers companies incentives between 4-6% on incremental sales over base years for manufacturing mobile phones and electronic components locally.
4) The SPECES scheme aims to promote manufacturing of electronic components and semiconductors
Industrial policy and package scheme of incentives 2013mianagpur
This document outlines the key details of the PSI 2013 industrial policy for Maharashtra. It covers eligible industry types, area classifications, definitions of new/existing/expansion units, eligibility criteria for mega projects, fixed asset categories, and the basket of financial incentives available to new MSME and LSI units in different areas. It also discusses annual caps on incentives, application process, and other policy initiatives around infrastructure development, clusters, and support for MSMEs.
The document summarizes Jammu & Kashmir's Industrial Policy for 2004-2015. Some key points of the policy include providing subsidies and incentives to promote local employment, develop infrastructure through private sector participation, encourage industrialization of backward areas, help existing industries modernize, and provide subsidies for pollution control equipment. The policy aims to make the state more attractive for industries and boost economic 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
The document summarizes key points from the Indian budget for 2012-2013. It outlines several tax reforms including raising income tax exemption limits, reducing taxes on savings interest and investments. It also allocates increased funding for sectors like agriculture, rural development, education, health, defense and infrastructure development. Several initiatives are proposed to boost small businesses and encourage investment in priority sectors. The budget also implements goods and services tax from August 2012.
The document outlines several schemes to promote handloom weaving in Gujarat, India, including:
1) Providing financial assistance to handloom apex institutions to participate in exhibitions to boost sales.
2) Establishing handloom training centers for tribal weavers to provide employment. Centers will receive funding for equipment and stipends.
3) Developing handloom clusters through interventions like skill development, design assistance, modern tools, marketing support, and more.
It also describes schemes to promote small and medium enterprises through interest subsidies, technology upgrades, and export assistance.
Explore the key differences between silicone sponge rubber and foam rubber in this comprehensive presentation. Learn about their unique properties, manufacturing processes, and applications across various industries. Discover how each material performs in terms of temperature resistance, chemical resistance, and cost-effectiveness. Gain insights from real-world case studies and make informed decisions for your projects.
8. Maharashtra Industrial Policy 2019
• Scheme is valid from 1st April, 2019 to 31st
March, 2024
Eligibility Criteria
• MSME – as per MSMED Act, 2006 – up to Rs.
10 crore investment
• small industries with Fixed capital investment of
upto INR 50 crore
9. Classification of areas of state
Category Specification District/cities
A Denotes Industrially developed areas Mumbai, Pune,
B Denotes Areas where some industrial
development has taken place, but are
less developed than Group A
Alibagh, Dhanu,
Nashik etc.
C Denotes Areas, which are less
developed than those Group B
Bhivandi, Baramati
D Denotes the lesser-developed areas of Aurangabad,D Denotes the lesser-developed areas of
the State, not covered under A/B/C
Aurangabad,
Satara, Nagpur
D+ Denotes the least developed areas, not
covered under GroupA/ B/ C/ D
Pithan, Barshi,
Kagal , etc
No
Industry
District
Denotes District having no Industries
and not covered under A, B, C, D & D+
Group
Gadchiroli, Hingoli,
etc
Naxalism
Affected
Area
Denotes Area affected by naxalism, as
described in GR No. NAVIKA-2008/CR
209/Ka.1416 Dated 31.5.2009
Gondia, Kinvat,
Chandrapur, etc
10. Meaning of Capital investment
Capital investment includes:
• Land
• Building including administrative building, residential
quarters, industrial housing as required for manufacturing
process
• Plant and machinery• Plant and machinery
• Cost of development of location such as fencing,
construction of roads and other infrastructure facilities
• Installation charges and pre-operative expenses capitalized
• Technical know-how including cost of drawing and know-
how fees
• Amount paid to electricity distribution company for supply of
power
11. Financial incentives – Industrial Promotion
Subsidy
Taluka / Area Ceiling as % of
fixed capital
investment
No. of
years
A - -
B 30% 7
C 40% 7C 40% 7
D 50% 10
D+ 60% 10
Vidarbha, Marathwada,
Ratnagiri, Sindhudurg & Dhule
80% 10
No Industry Districts, Naxalism
Affected Areas, Aspiration Districts
(Osmanabad, Gadchiroli, Washim and
Nandurbar)
100% 10
12. Industrial Promotion Subsidy Calculation
Refund will be given by way of SGST and Interest
subsidy as follow:
SGST refund mechanism
1) 100% Gross SGST payable
Interest refund
Up to 5% of interest1) 100% Gross SGST payable Up to 5% of interest
paid on bank loan or
electricity bill
whichever is lower
13. SGST and interest refund mechanism
Benefits to Units in D+
Capital investment Rs. 10 crore
Refund eligible – 60% Rs. 6 crore in 10 years
Eligible refund per year Rs. 60 lakh
1) SGST refund (in Lakh)
(A) Gross SGST payable on Rs. 80
2) Interest subsidy
Interest paid Rs. 10 lakh(A) Gross SGST payable on
sale
Rs. 80
SGST eligibility Rs. 80
Interest paid Rs. 10 lakh
Electricity bill Rs. 7 lakh
Claimable
refund
Rs. 7 lakh
Total refund of SGST and interest
SGST refund Rs. 80 lakh
Interest refund Rs. 7 lakh
Total refund Maximum Rs. 60 lakh
14. Additional major benefits in PSI
Exemption -
Electricity
duty
C, D,D+, No industries Districts and
Naxalism Affected Area - for tenure
equal to the eligibility period
Waiver of
Stamp Duty
100% Exempted for acquiring land,
assignment of lease rights, for termStamp Duty assignment of lease rights, for term
loan purposes
Power Tarrif
subsidy
Vidarbha, Marathwada, North
Maharashtra, and Districts of Raigad,
Ratnagiri and Sindhudurg in Konkan
– Re. 1 per unit for 3 years
Other areas (other than A area) – Re.
0.5 per unit for 3 years
16. Women Entrepreneur Policy - Maharashtra
Scheme is valid from 10th November, 2017 to 9th
November, 2022.
Eligibility Criteria
• 100% shareholding/ Ownership by women only
• Unit should have minimum 50% women as
employee
• Unit should be in MSME category only
17. Meaning of Capital investment
Capital investment includes:
• Land
• Building including administrative building, residential
quarters, industrial housing as required for manufacturing
process
• Plant and machinery• Plant and machinery
• Cost of development of location such as fencing,
construction of roads and other infrastructure facilities
• Installation charges and pre-operative expenses capitalized
• Technical know-how including cost of drawing and know-
how fees
• Amount paid to electricity distribution company for supply of
power
18. Financial incentives
Taluka /
Area – as
per PSI
Incentive –
Non food Units
Incentive – food
Units
No. of
Years
A & B 40% Eligible CI 50% Eligible CI 7
C 70% 80% 7
D 80% 90% 10D 80% 90% 10
D+ 100% 100% 10
Refund will be given by way of SGST and
Interest subsidy
SGST refund
mechanism
1) 100% Gross SGST
payable
Interest refund
Up to 5% of interest paid
on bank loan or electricity
bill whichever is lower
19. Additional Capital Subsidy
Taluka / Area –
as per PSI
On eligible
project cost
Max. Cash
subsidy
A & B 15% Rs. 20 Lakh
C 15% Rs. 20 Lakh
D 20% Rs. 25 Lakh
D+ 25% Rs. 50 LakhD+ 25% Rs. 50 Lakh
No industry
District
35% Rs. 100 Lakh
Additional Incentive
50% of EPF contribution reimbursement of
Employers’ share for 5 years.
20. Capital + SGST and interest refund
mechanism for MSME
Benefits to MSME in VASAI (A Zone)
Capital investment Rs. 10 crore
Refund eligible -40% Rs. 4 crore in 7 years
Eligible refund per year Rs. 57 lakh p.a
1) SGST refund (in Lakh)
(A) Gross SGST payable on Rs. 50
2) Interest subsidy
Interest paid Rs.10 lakh(A) Gross SGST payable on
sale
Rs. 50
SGST eligibility Rs. 50
Interest paid Rs.10 lakh
Electricity bill Rs. 7 lakh
Claimable refund Rs. 10 lakh
Total refund of Capital + SGST and interest
SGST refund Rs. 50 lakh
Interest refund Rs. 10 lakh
Total refund Maximum Rs. 57 lakh
+ Capital subsidy Rs. 20 lakh (one time)
22. Scheme for incentive to Textile industries
Scheme is valid from 17th February, 2018 to 31st
March, 2023.
Eligible Amount for subsidyEligible Amount for subsidy
• Long term loans for capital subsidy under C- TUFS scheme
for machinery
• long term loans approved by FI or banks for machinery
approved by state government
• Cost of machinery approved by state government
23. Capital Subsidy
Processing
(yarn, fabric,
printing),
technical textile
knitting, Hosiery
and Garmenting
Compos
ite unit
Spinnin
g
Ginning,
Pressin
g
% of eligible amount
General category unit 40% 35% 25%
SC/ST/Minority
category
45% 40% 30%
Additional subsidy for
production of Yarn,
fabric and other
products from non-
conventional yarn
10% 10% -
24. Capital Subsidy
Conversion of
old Plain
powerlooms to
shuttle less
rapier looms or
looms based on
latest
New powerlooms based
on latest technology,
weaving, preparatory,
warping, sizing,
conning, twisting,
doubling, TFO and other
textile unitslatest
technology
textile units
% of eligible amount
General
category unit
25% 25%
SC/ST/Minority
category
30% 30%
25. Disbursement of capital subsidy
• First instalment : 30% of eligible amount after 12 months
from start of production
• Second instalment: 30% of eligible amount after 24 months
from start of production
• Third instalment: 40% of eligible amount after 36 months
from start of productionfrom start of production
26. Scheme for modernization of plain powerlooms
Type of modernization Subsidy rate per loom
General
Category
Schedul
ed
castes
Schedul
ed
Tribes
Conversion of simple powerloom
to semi-automatic shuttle loom
Rs. 10,000 Rs.
6800
Rs.
2400to semi-automatic shuttle loom 6800 2400
Conversion of semi-automatic
shuttle loom to shuttle less rapier
loom
Rs. 17,500 Rs.
10000
Rs.
4000
Conversion of simple powerloom
to shuttle less rapier loom
Rs. 28000 Rs.
16000
Rs.
6400
This is availble only to owners received grant from
central government under “Pilot scheme of in situ
upgradation of plain powerloom for SSI sector”
28. Scheme for incentive to Textile industries
Scheme is valid from 13th January, 2016 to 31st
March, 2022.
Technology Upgradation
• Induction of new machinery by textile unit with state-of-the-
art technology as specified annually by Technical advisory-
Eligible Amount for subsidy
• Basic cost of machinery after its installation and
commissioning
• Accessories/ sample machines/ spares up to 20% of basic
cost of machinery
art technology as specified annually by Technical advisory-
cum-monitoring committee – technology lesser than
specified one will not be eligible for this scheme
29. Capital Subsidy
Segment Rate of capital
Investment
subsidy
Garmenting, technical textiles 15% subject to
Max. Rs. 30 crore
Weaving for brand new shuttle-less looms
(including weaving preparatory and knitting),
10% subject to
Max. Rs. 20 crore(including weaving preparatory and knitting),
processing, jute, silk and Handloom
Max. Rs. 20 crore
Composite unit/Multiple segments – if the
eligible capital investment in respect of
garmenting and technical textiles category is
more than 50% of eligible project cost
15% subject to
Max. Rs. 30 crore
Composite unit/Multiple segments – if the
eligible capital investment in respect of
garmenting and technical textiles category is
less than 50% of eligible project cost
10% subject to
Max. Rs. 20 crore
30. Conditions for availing subsidy
• Entity should take term loan from notified bank
with minimum 50% of total eligible machinery
cost – minimum repayment period for MSME 3
years and other category 5 years
• Unit shall function for loan taken period
• Second hand machinery not eligible
• Application to be filed within 6 months of
sanction of term loan
• Installation and commissioning of machinery
shall done within one year from date of sanction
of term loan
31.
32. Economic Growth of Gujarat
• Gujarat’s industrial output was INR 84,808
Crore in 1994-95 - grown to INR 12,70,125
Crore in 2014-15, which is almost 15 times
• Gujarat’s installed capacity of electricity was
6241 MW in 1994-95 - grown to 30,394 MW as6241 MW in 1994-95 - grown to 30,394 MW as
of January, 2018, which is almost 5 times
• FDI to Gujarat was INR 18,837 crore up to
2004-05 - FY 2017-18 alone received INR
22,610 crore worth of FDI.
• Among Indian States, Gujarat accounted for
the highest share in total private corporate
investment (FY 2016-17) for 22.7%
33. Economic Growth of Gujarat
• machinery sector output grew at a CAGR of
over 47%
• dairy products output grew at a CAGR of 23%
• plastics output grew at a CAGR of over 13%
• pharmaceuticals output grew at a CAGR of• pharmaceuticals output grew at a CAGR of
over 12%
• machinery sector output grew at a CAGR of
over 10%
• chemicals output grew at a CAGR of over 8%
• textile output grew at a CAGR of over 7%
34. Industrial Policies of Gujarat Government
• Industrial Policy 2016
• Plastic Industry Policy
• Interest and Capital subsidy
• Textile Policy• Textile Policy
36. Scheme for incentive to industries 2016-2021
• The Government of Gujarat issued scheme for
incentive to industries 2016-2021 with focus on
industrial development and investment
destination.
• Scheme is valid from 25th July, 2016 to 31st
March, 2021.
• In scheme, talukawise classification of different
areas of the state done as 1,2,3 etc zone
37. Applicability of scheme
• Applicable to new industrial unit or an existing industrial unit
that undertakes expansion and commence production
during the operative period of scheme
Time period for eligible investmentTime period for eligible investment
Large Industrial Undertaking 15 months from the DOCP
MSME Industrial Undertaking 12 months from the DOCP
Fixed assets acquired after 1.1.2015 and upto following time
DOCP: Date of Commencement of Production
38. Eligible fixed Capital investment
Investment made on or after 1-1-2015 and on or before the
date specified for completion of investment:
• Land
• New Building: new building constructed or acquisition of
new unused building including administrative building – old
building or expenditure incurred on repairing a building not
allowed
• Other construction: compound wall and gates, security
cabins, internal roads, water tank.
• Plant and machinery: new plant and machinery and
imported second hand P & M having usable life for at least
further ten years which is certified by charted engineer,
utilities, dies, moulds, including cost of transportation,
foundation, erection, installation, sub-station and
transformers capitalized under P & M
39. Eligible fixed Capital investment
• Plant for non-conventional energy
• Vehicles used for transportation within premises of
industrial units
• Plant for captive power generation / co-generation
• Technology, design and drawing, patents limited to 10% of
project costproject cost
Ineligible fixed Capital investment
• Working capital
• Royalty
• Preliminary and pre-operative expenses
• Indigenous second hand plant and machinery
• Interest capitalized
• Power generation except for captive use
40. Quantum of incentive
incentives available as follow:
Category
of taluka
% of
eligible
investment
% of net SGST
reimbursemen
t
Incentive
period (no.
of years)
1 100% 90% 10
• Net SGST reimbursement in one financial year will not
exceed 1/10th of total amount of eligible incentive
• Carry forward of incentive is not available
1 100% 90% 10
2 80% 80% 10
3 70% 70% 10
41. Incentive mechanism for category 3
Capital investment 50 crores
eligible fixed capital investment – 70% 50 * 70% = 35 crore
Eligible maximum refund per year 3.50 crore
VAT / SGST (in crore)VAT / SGST (in crore)
(A) SGST collected Rs. 10.40
(B) SGST/IGST paid on purchase Rs. 4.00
(C) SGST Paid (A-B) Rs. 6.40
SGST eligible @ 70% of C Rs. 4.48
Maximum refund available Rs. 3.50
42. Additional conditions
• Undertaking shall be required to employ persons
domiciled in Gujarat to extent of at least 85% of its total
number of employees
• Managerial and supervisory capacity person shall not be
less than 60% domiciled in Gujaratless than 60% domiciled in Gujarat
43. Application procedure
Apply for registration certificate after
purchasing land
Obtain RC (it will be valid upto 180 days
from commencement of production
After commencement of production - Apply
for provisional eligibility (it will make eligible
for 20% vat incentive)
On completion of project obtain
final eligibility certificate
45. Scheme for incentive to Plastic industries
Scheme is valid from 1st January, 2015 to 31st
December, 2019.
Applicability of scheme
Unit manufacturing of plastic products/items/
articles by using plastic as main raw materials.
Plastic material means organic polymers of high
molecular mass such as Polyolefin (LLDPE,
LDPE, HDPE, PP), PVC, Nylon, Polyesters,
Polystyrene, Polycarbonate, polyamide (nylon 6,
nylon 66), etc
46. Eligible fixed Capital investment
Investment made on or after 1-1-2015 and on or before the
date specified for completion of investment:
• New Building –
• New plant and machinery / equipment
• Imported second hand plant and machinery/ equipment
having residual life of minimum five years as certified byhaving residual life of minimum five years as certified by
chartered Engineer
• Cost of installation, erection, transportation, electrification
• other related assets for manufacturing product
LAND COST IS NOT AVAILABLE
47. Time period for eligible investment
Additional conditions
• Undertaking shall be required to employ persons
domiciled in Gujarat to extent of at least 85% of its total
number of employees
• Managerial and supervisory capacity person shall not be
less than 60% domiciled in Gujarat
MSME 6 months from the DOCP
Investment upto Rs.100cr 12 months from the DOCP
Investment more than Rs.
100 crore
18 months from the DOCP
Time period for eligible investment
Fixed assets acquired after 1.1.2015 and upto following time
DOCP: Date of Commencement of Production
48. Quantum of incentive
1) Interest Subsidy : @7% p.a. interest on the
term loan – maximum Rs. 1 crore p.a. for period
of 5 years.
2) SGST related incentive
% of eligible % of net SGST Incentive
eligible enterprise entitled to avail SGST incentive
to the extent of 1/7th of ceiling in particular year.
% of eligible
investment
% of net SGST
reimbursement
Incentive
period (no. of
years)
75% 80% 7
49. Incentive mechanism
SGST (in crore)
(A) SGST collected Rs. 8.55
(B) SGST/IGST paid on
purchase
Rs. 4.50
(C) SGST Paid (A-B) Rs. 4.05
Capital
investment
30 crores
eligible fixed
capital
investment– 75%
30 * 75% =
22.5 crore
• 1) SGST Incentive:
(C) SGST Paid (A-B) Rs. 4.05
SGST eligible @ 80% of C Rs. 3.24
Maximum refund available Rs. 3.21
Eligible
maximum
refund per year
for 7 year
3.21 crore
per year
2) Interest incentive: term loan of Rs. 20 crore @10% p.a.
Interest amount – 20 crore term loan * 7% interest rate = 1.4
crore – maximum eligible interest would be Rs. 1 crore
Total Reimbursement = Rs. 3.21 cr + 1 cr = Rs. 4.21 cr
51. Eligible fixed Capital investment
Scheme for MSME for interest and Capital
Scheme is valid from 1st April, 2017 to 31st
December, 2019.
• New Building –
• New plant and machinery / equipment
• Electrification, tools, accessories, Utilities
• Effluent treatment plant
LAND COST and Second hand machinery IS NOT
AVAILABLE
52. Eligible Enterprise
• New Enterprise
• Exiting enterprise carrying out expansion/diversification
with investment more than 50% of (out of which minimum
60% investment should be in plant and machinery) its
existing gross fixed capital investment on date of initiating
expansion/ diversification
Eligibility
• Obtain first disbursement of term loan on or after 1/4/2017
and commenced commercial production during operative
period of scheme
expansion/ diversification
• Service sector not eligible for capital subsidy but interest
subsidy eligible
53. Capital investment subsidy
Investment in Plant
and Machinery
Municipals
corporation
Out side
municipal
corporation
% of
subsidy on
term loan
Max.
limit
% of
subsidy on
term loan
Max.
limitterm loan limit term loan limit
upto Rs. 50 Lakh 15% 15 lakh 20% 25 Lakh
More than Rs. 50
Lakh upto Rs. 2crore
12% 15 lakh 17% 25 Lakh
More than Rs.
2crore upto Rs. 10
crore
10% 15 lakh 15% 25 Lakh
54. Interest subsidy
Maximum
period
Municipals
corporation
Out side municipal
corporation
% of interest
subsidy on
term loan
Max. limit % of interest
subsidy on
term loan
Max. limit
5 years 5% Rs. 25 lakh 7% Rs. 30 lakh5 years 5% Rs. 25 lakh 7% Rs. 30 lakh
• 1% additional for physically challenged entrepreneur/
women entrepreneur in manufacturing and service sector
• 1% additional for young entrepreneur below age of 35
years on date of sanction of loan
55. Conditions
• Apply to authority within one year from date of first
disbursement of loan or on or before the date of
commencement of production whichever is later
• Loan sanctioned by bank or financial institution as per RBI
• Enterprise shall obtain Pollution control certificate
• Enterprise to employ atleast 85% of total employment and• Enterprise to employ atleast 85% of total employment and
60% supervisory and managerial staff from local persons.
• Enterprise has to give undertaking to confirm that he has
paid all government dues on his letter head
57. Eligible fixed Capital investment
Scheme for incentive to Textile industries
Scheme is valid from 4th September, 2018 to 31st
December, 2023.
• New Building –
• New plant and machinery / equipment
• Electrification, tools, accessories, Utilities
• Effluent treatment plant
LAND COST and Second hand machinery IS NOT
AVAILABLE
58. Eligible activities of scheme
• Weaving, including preparatory (excluding woven sacks)
• Knitting, Dyeing and/or Printing (Processing)
• Machine Carpeting, Machine embroidery
• Technical Textile (excluding woven sacks in any form of
packtech)
• Made-ups (article manufactured and/or stitched from any• Made-ups (article manufactured and/or stitched from any
type of cloth, but does not include garment)
• Crimping, Twisting, Texturizing, Thread, sizing, winding
Ineligible activities of scheme
• Ginning, Spinning
• Garment and Apparel (Eligible under separate policy)
• SEZ Units
59. Quantum - Credit linked interest Subsidy
1) Interest Subsidy
Categor
y
No. of Employees Interest
subsidy
MSME - 6%
Large Direct employment upto 100 persons 4%Large
Enterpris
e
Direct employment upto 100 persons 4%
Direct employment to more than 100
and upto 200 persons
4.5%
Direct employment to more than 200
and upto 500 persons
5%
Direct employment to more than 500
persons
6%
Maximum upto Rs. 20 crore p.a. for 5 years
60. Additional benefits
Technology
up gradation
50% of investment for upgradation –
Max upto Rs. 25 lakh
Power Tariff
subsidy
Weaving activity – Rs. 3 per billed
unit (Kwh) for LT power connection
and Rs. 2 per billed unit (Kwh) for HTand Rs. 2 per billed unit (Kwh) for HT
pwer connection for 5 years
Other: Rs. 2 per billed unit (Kwh) –
for 5 years
Energy,
water
conservation
20% cost of machinery and
equipment – Max Rs. 30 Lakh
61. Conditions for interest subsidy
• To determine number f direct employment, only employees
registered under Employees’ provident Fund scheme will
be considered
• Bank loan to be availed from commercial/coperative bank
or financial institution approved by RBI
• Apply for interest subsidy within one year from• Apply for interest subsidy within one year from
disbursement of loan or starting commercial production
which ever is later – if late application then proportionate
claim reduce
• Upward revision in loan within one year from date of
commencement of commercial production eligible for
subsidy
• If default in payment of instalments to bank then not eligible
for subsidy
63. Make in India Soft loan for MSME - SIDBI
• Eligible: MSME – manufacturing or service sector
• Scope: Term loan (Land, Building, Plant & Machinery)
• Loan amount: New enterprise – Minimum Rs. 50 lakh
Existing enterprise – Minimum Rs. 25 Lakh
• Interest rate: 8.15% onward• Interest rate: 8.15% onward
• Loan giving agency: SIDBI
• Promoter contribution: 15% of project cost up to Rs. 1 crore
and above that then 20% subject to DER 3:1
• Repayment : upto 10 years including moratorium 3 years
• Security: 20% to 30% collateral as FD or property of loan
64. Interest Subvention Scheme
• Scheme period: 22nd November, 2018 to 31st March, 2020
• Eligible: MSME having Udhyog Aadhar and GST
• Scope: Incremental term loan, fresh term loan or
incremental or fresh working capital loan disbursed during
operative period
• Interest Subvention: 2%
• Maximum amount for subvention: Up to Rs. 100 lakh (if
loan is above then remaining amount at regular rate)
• Loan giving agency: Schedule commercial bank or SI-
NBFC or SIDBI
66. Deduction of employment of new employees
• Any assessee derives income from business or
profession shall be allowed 30% deduction of
additional employee cost incurred – deduction
available for 3 years subject to following condition:
• Business not formed by split up but re-establishment• Business not formed by split up but re-establishment
is allowed
• CA report to be furnished
• For new business – first year- total employees
emoluments is eligible for deduction subject to other
condition
• For existing business: additional any new employees
employed during year subject to other conditions
67. Deduction of employment of new employees
• Condition of additional employee:
o Amount should be paid by cheque or electronic
transfer
o Employee emoluments should be less than 25000
o Worked for more than 240 days in year
o Employee should be part in recognized provident
fund
o Emoluments doesnot include amount paid by
employer as PF, pension, VRS, gratuity
68. Additional Depreciation @20% - sec. 32(1)(iia)
• If any new machinery or plant which has been
acquired and installed.
• By assessee engaged in business of
manufacture or production of any article ormanufacture or production of any article or
thing.
• A sum equal to 20% of the actual cost of such
machinery or plant shall be allowed as
deduction.