The most attractive package of financial incentives (exemptions and subsidies) is available for investors under RIPS 2019.
Policy Highlights
- Investment Subsidy - 75% of SGST due and deposited for 7 years
- Employment Generation Subsidy - 50% of employer's contribution towards employees’ EPF and ESI, for 7 years
- Electricity Duty - 100% exemption for 7 years
- Land Tax - 100% exemption for 7 years
- Stamp Duty - 100% exemption
- Land Conversion Charges - 100% exemption
- Additional Benefits - For Women, SCs / STs, Persons with Disability, Enterprises, Enterprises in Backward and most Backward Areas
- Provision for customised package of incentives for investments over INR 1 billion and providing direct employment to more than 200 persons.
Please go through the policy document before making any investment decisions.