To encourage diversification in
agriculture and to build up a climate for industrial
investment by providing linkage between agriculture
and industry, the Governor of Punjab is pleased to provide
the additional incentives to the defined Agro-Industries,
under the Punjab Industrial Incentive Code under the
Industrial policy.
To
promote growth of industry in the State, Government
of Punjab provides the grant of incentive for electronics
units in Punjab. To implement the scheme of incentives
set out in the aforesaid Industrial Policy, the Government
of Punjab notify the special facilities/ benefits/ concession/incentives
for the development of Electronic Industry in the State
of Punjab.
Investment Incentive
(Capital subsidy) @ 30% of the Fixed Capital Investment
(FCI) to the SSI, Large & Medium units subject to
maximum of Rs 50,000 lacs shall be available to the
Information Technology units set up in SAS Nagar (Mohali)
as well as 'A' Category areas defined under the Punjab
Industrial Incentive Code-under the Industrial Policy,
1996. (b) Investment Incentive @ 20% of Fixed Capital
Investment to the Small, Medium and Large scale Information
Technology units, subject to maximum of Rs 30 lacs,
in 'B' Category areas defined under the Punjab Industrial
Incentive Code-under the Industrial Policy 1996. The
total project cost excluding working capital should
include cost of technology acquisition/transfer IPR
etc. Exemption/deferment from Sales Tax.
