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100% Central Excise exemption for 10 years on items other than those mentioned in the negative list in the Concessional Industrial Package announced by the Central Government. |
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100% Income Tax exemption for first 5 years and 30% for next 5 years for the Companies and 25% for others. |
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CST @1% for 5 years. |
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Capital Investment Subsidy @15% with maximum for Rs. 30 Lakhs ( Rs. 3 million ). |
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Exemption from entry tax on Plant & Machinery for setting up Industry. |
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Interest incentive @ 3% with a maximum of Rs. 2 Lakhs per annum per unit shall be provided to New Small Scale Industries. |
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For the purpose of Interest Incentive, Substantial Expansion shall mean additional investment of not less than 25%.
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Cheaper Electricity. |
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Mega Project: Project over Rs. 50 crores ( Rs. 500 million ) Investment or projects of significance for the state shall be considered, on a case to case basis, for grant of any further concessions or dispensation by the state level investment & infrastructure committee. |
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Finance : The state Government through SIDCUL along with consortium of Bankers and financial institutions shall endeavor to arrange timely and adequate credit to the entrepreneurs. |
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Preferred Industries by State : Khadi and Village Industires, Handicrafts, Handlooms, Wool Based Industry, Agro and food processing industry, Floriculture, Tea Industry, Forest based Industry, Tourism & Information Technology. |
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