<h1>Gujarat Government Boosts Lab Grown Diamonds Sector with Tax Breaks, R&D Support, and EPF Reimbursement Incentives.</h1> The Commerce Minister commended the Gujarat Government for its initiatives to boost the Lab Grown Diamonds (LGD) sector. Key measures include a 100% exemption on electricity duty for five years, support for research and development, skill enhancement, and market development. Additional incentives encompass reduced power costs, interest and tax concessions, and technology acquisition assistance. The government also offers a 100% reimbursement of employer contributions to EPF for ten years and support for MSMEs and large enterprises through interest subsidies and SGST reimbursement. Assistance for participating in national and international exhibitions and rent support is also available.