https://www.taxtmi.com/notifications?id=122207 Central scheme grants an interest subsidy of 3% on working capital advanced to eligible new and substantially expanded industrial units in the North-Eastern Region for up to ten years. Eligibility covers specified service activities, biotechnology and power plants up to 10 MW, subject to exclusions in Annexure-I. NEDFi is the designated disbursing agency acting on State Level Committee recommendations; units must register with the State Industry Department before taking effective steps, comply with working capital norms (minimum 25% of turnover), submit utilization certificates and annual progress reports, and are subject to recovery and relocation restrictions. en-us Fri, 27 Jul 2007 00:00:00 +0530 Fri, 13 Oct 2017 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=122207 Central scheme grants an interest subsidy of 3% on working capital advanced to eligible new and substantially expanded industrial units in the North-Eastern Region for up to ten years. Eligibility covers specified service activities, biotechnology and power plants up to 10 MW, subject to exclusions in Annexure-I. NEDFi is the designated disbursing agency acting on State Level Committee recommendations; units must register with the State Industry Department before taking effective steps, comply with working capital norms (minimum 25% of turnover), submit utilization certificates and annual progress reports, and are subject to recovery and relocation restrictions. Notifications Indian Laws Fri, 27 Jul 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=122207