Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Incentives to Industries in Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ncentives to Industries in Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States <br>News and Press Release<br>Dated:- 17-12-2018<br><BR>Twenty-one projects are under implementation or have been completed in the States of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States including six projects in the States of Himachal Pradesh, Jammu & Kashmir, Mizoram and T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ripura.This information was given by Minister of State for Commerce & Industry C. R. Chaudhary in a written reply in the Lok Sabha today. Department of Industrial Policy and Promotion (DIPP) under the Ministry of Commerce & Industry has been implementing many schemes for providing incentives to industries in the States of Jammu & Kashmir, Himachal Pradesh, Uttarakhand and North Eastern States inc....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....luding Sikkim. The scheme for Jammu & Kashmir provides Central Capital Investment Incentive at the rate of 30% of the investment in plant & machinery with an upper limit of &#8377; 5 crore). Central Interest Incentive at the rate 3% interest on working capital for 5 years and Central Comprehensive Insurance Incentive (Reimbursement of 100% insurance premium for 5 years are also available. The sch....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eme is in force from 15.6.2017 to 31.3.2022. The scheme for Himachal Pradesh &Uttarakhand provides Central Capital Investment Incentive at the 30% of the investment in plant & machinery with an upper limit of &#8377; 5 crore and Central Comprehensive Insurance Incentive (Reimbursement of 100% insurance premium for 5 years). The scheme is in force from 1.4.2017 to 31.3.2022. The scheme for North ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Eastern states including Sikkim provides (i) Central Capital Investment Incentive (30% of the investment in plant & machinery with an upper limit of &#8377; 5 crore), (ii) Central Interest Incentive (3% interest on working capital for 5 years), (iii) Central Comprehensive Insurance Incentive (Reimbursement of 100% insurance premium for 5 years), (iv) Income Tax Reimbursement of centre's share for ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....5 years, (v) GST reimbursement of Central Govt. share of CGST & IGST for 5 years, (vi) Employment Incentive under which additional 3.67% of the employer's contribution to EPF in addition to Govt. bearing 8.33% Employee Pension Scheme (EPS) contribution of the employer in PMRPY and (vii) Transport incentive on finished goods movement by Railways(20% cost of the transportation), by Inland Waterways ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Authority (20% of the cost of transportation) & by air (33% of cost transportation of air freight) from the station/port/airport nearest to unit to the station/port/airport nearest to the destination point. Under this scheme a single unit can avail overall benefits up to &#8377; 200 crore. Scheme of Budgetary Support to the eligible units located in the states of Jammu & Kashmir, Uttarakhand, Hi....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....machal Pradesh and North Eastern States including Sikkim under Goods and Service Tax Regime extends benefits of GST reimbursement of central government share of CGST&IGST to the industrial units for the residual period to them which were earlier availing excise exemption in the pre-GST regime. The scheme is in force from 01.07.2017 till 30.06.2027. In addition, under this scheme, DIPP is implemen....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ting Modified Industrial Infrastructure Up-gradation Scheme (MIIUS) to upgrade common industrial infrastructure in industrial parks, estates and areas in the country including green field projects in backward areas including NER.<BR> News - Press release - PIB....