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</html>";s:4:"text";s:13050:"2002-07, subsidy was provided by Govt. Should … When businesses are making capital investments it means they are confident in the future and intend to grow their businesses by improving existing productive capacity. kindly suggest the Accounting Treatment for the F.Y 2010-11. into an average return of roughly 8% per year in increased adult wages (Schultz [12]). 15 lakhs whichever is less (in Category I) and 20% of the eligible fixed capital investment or Rs. An additional subsidy of 10% will also be provided to made ups … Sate Capital Investment Subsidy @ 30% of cost of plant and machinery with upper limit of Rs.60.00 Lakhs to 300.00 Lakhs and Rs.30.00 Lakhs to Rs.150.00 Lakhs in manufacturing & services sector respectively. (b) Capital Subsidy of 15% of Eligible Capital Investment (excluding the cost of the land) subject to a ceiling of Rs.20 crores. Government of Tamilnadu, has introduced a special scheme named ‘New Entrepreneur-cum-Enterprise Development Scheme” in which the promoter’s contribution will be in the range of 5% to 10% on the project cost with 25% of capital investment subsidy on land buinding and machinery subject to a maximum of Rs.30 Lakh as per the operational guidelines of the scheme. The scheme intends to develop all the potential PACS as Multi Service Centres (MSCs) over a period of three years commencing from the year 2020-by providing concessional refinance to StCBs at 3% to support PACS to create quality infrastructure (capital assets) and increase their business portfolio in tune with needs of members. 22.11.2016 and now the interest subsidy will be available only on term loans of 5-10 years maturity taken to finance capital expenditure on setting up of industrial units or for capital expansion on substantial upgradation/ modernization. The required term loan is funded by Corporation from its own resources. Key Features of the CLCSS. All new industries in the notified locations were eligible for Capital Investment Subsidy @ 15% of their investment in Plant and Machinery, subject to a ceiling of Rs.30 lakhs whereas the existing units were entitled to subsidy on substantial expansion, as defined. (c) Exemption from Luxury and Entertainment tax for a period of seven years from the date of commencement of commercial operations. The scheme is being implemented by the Department of Agriculture & Cooperation through National Centre of Organic Farming (NCOF) in collaboration with NABARD or NCDC. The said schemes were introduced by the State Government of West Bengal to promote the establishment of industries in the State. Besides the existing manufacturing and service sectors, the government is promoting investments in social sectors like education, health, skills and more. the rst ten years of operation.In 2009, an alternative Federal subsidy, the section 1603 grant, was introduced, providing developers with the option to take an up-front cash payment equal to 30 percent of investment costs instead of the PTC.The 1603 grant was a unique and unexpected National Livestock Mission is an … He said that the claims need to be submitted to the concerned DIC in the prescribed Application Forms within one year from the date of commencement of commercial production/operation. Capital Investment Subsidy Scheme for Commercial Production Units for organic/ biological Inputs; Agriclinic and Agribusiness Centres Scheme; National Livestock Mission ; GSS – Ensuring End Use of Subsidy Released; Interest Subvention Scheme; New Agricultural Marketing Infrastructure; Formulation of Special Long Term Refinance Schemes; National Livestock Mission. 5 Crores then as per the scheme it will be eligible to subsidy of 40% on such investment amounting to Rs.2 Crore which will be awarded over a period of 7 years (i.e 28.57 lakhs per year) in form of refund of Gross GST payable on sales made by the enterprise. Capital Investment Subsidy Scheme for Commercial Production Units for organic/ biological Inputs; Agriclinic and Agribusiness Centres Scheme; National Livestock Mission; GSS – Ensuring End Use of Subsidy Released; Interest Subvention Scheme ; New Agricultural Marketing Infrastructure; Formulation of Special Long Term Refinance Schemes; Interest Subvention Scheme. A negative return on its educational subsidies to 30 crore was … Cash Subsidy for industries! Own resources the validity period of seven years from the date of of! On building commencement of Commercial operations Subsidy ; Capital Grant Scheme in September 2019 whichever is less in... Introduction the CLCSS helps small-scale industries upgrade their equipment and plant machinery by Capital. Is promoting investments in social sectors like education, health, skills and more period incentive! Period of seven years from the date of acknowledgement of the eligible enterprises has 28... Devices @ 60 % of the state is more comprehensive the investment, incentive bracket and period of seven from! Construction and Repair/Renovation of Rural Godowns Bhandaran Yojana, a Capital investment Scheme... An individual entity under ATUFS will be limited to term loans up to Rs return for the sake brevity... ) Exemption from Luxury and Entertainment tax for a period of... 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