| Govt
Policies: The
New Industrial Policy |
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The New Industrial Policy
The state provides the highest level of fiscal investment in the country.
*Sales Tax Incentive
Sales Tax exemption / deferment for 7 to 14 years at upto 135 % of fixed capital investment.
* Investment Subsidy
20% of fixed capital investment subject to a ceiling of Rs. 2 million.
* Power Subsidy
25% rebate in power bills for three years subject to a maximum of Rs. 5 million.
* Special Incentives :
Special Incentives will be granted for mega projects on a case-to-case basis.
* Incentives for functioning units :
20% of costs of captive power generating units subject to a ceiling of Rs. 2 million.
Concessional Sales Tax (APGST) reduced to 4% on diesel used for captive generation.
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