04 June 2011 10% Capital Investment Subsidy received from Central Government on september,2011 aganist the investment made on plant & Machinery during the financial year 2004-05, but for the same no accounting has been provided in the books. The incentive against the eligible capital expenditure shall be released after the approval of the application, subject to capital expenditure exceeding the threshold value and commencement of commercial production. A subsidy however refers to a specific good, the relative price of which has been lowered because of the subsidy with a view to changing the consumption/ allocation decisions in favour of the subsidised goods. With additional incentives the capital subsidy will further increase to 25% as against existing NPV benefits Rs 21 crore, and currently, the subsidy cap of Rs 30 crore per unit is applicable under A-TUFS accordingly the maximum investment by a single unit will reduce to Rs 120 crore as against Rs 200 crore earlier; hence revision in this subsidy cap per unit will also be required under A-TUFS to undertake … Fixed Capital Investment, Employment generation and the disbursement period of the LSI is as under: For Industries under A & B (only LSI) Taluka: minimum Fixed Capital Investment Rs. For such a family, the government may well have a negative return on its educational subsidies. The CIS of the state is more attractive in that the rate of subsidy is 30% subject to a limit of Rs. 2. 750 Cr but Less than Mega Project … 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 maximum Capital Investment Subsidy (CIS) for overall investment by an individual entity under ATUFS will be restricted to 30 crore. (ii) IPA: this was computed by way of refund of 75 … The scheme was … Interest Subsidy on Working capital @ 3% to 5%. "Capital Investment Subsidy Scheme for Construction/ ... NHB has introduced a system for online filing of applications for Letter of Intent (LOI) on its website www.nhb.gov.in . For instance, an eligible unit located in “C” category makes a fixed capital investment of Rs. 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. Such subsidy will be applicable to units in the private sector, joint sector, cooperative sector as well as the units set up by the State Governments of the North … Green and … For the sake of brevity, all forms of assistance are hereinafter referred to as the 'subsidy'. The validity period of ... Based on the Taluka the investment, Incentive bracket and period of incentive varies. 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. 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. Assistance is given in different forms like capital investment subsidy, production subsidy, cash assistance, export subsidy, duty drawback etc. Capital Investment Subsidy will be enhanced from 15% of the investment in plant and machinery to 30% and the limit for automatic approval of subsidy at this rate will be Rs.1.5 crores per unit, as against Rs.30 lakhs as was available under NEIP, 1997. In this age of competition, it is necessary for the existing industrial units to modernize themselves to be able to compete with cheaper imports and also … The Capital Gain Scheme was introduced in the year 1988, and as per the Capital Gains Account Scheme the amount of capital gains to be claimed as an exemption should be either be re-invested or deposited in the Capital Gains Account before the due date of filing of returns. The required term loan is funded by Corporation from its own resources. kindly suggest the Accounting Treatment for the F.Y 2010-11. (b) Capital Subsidy of 15% of Eligible Capital Investment (excluding the cost of the land) subject to a ceiling of Rs.20 crores. Without taking prior approval of the Ministry of Industry, Department of Industrial Policy and Promotion/State Government/Financial Institution concerned, no owner of an industrial unit after receiving a part or the whole of the grant or subsidy will be allowed to change the location of the whole or any part of industrial unit or affect any substantial contraction or disposal of a substantial part of its … ATUFS has been introduced by MoT for textiles and jute industry to facilitate induction of state-of-the- art technology by the textile units for the implementation period from January 13, 2016 to March 31, 2022. into an average return of roughly 8% per year in increased adult wages (Schultz [12]). 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 Objectives Main objectives of the scheme are • To promote organic farming in … The measure aims to boost capital investment, fast-track projects and create jobs . 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 aforesaid subsidy inter alia consisted of the following: (i) State Capital Investment Subsidy (SCIS): SCIS was computed at the rate of 15 percent of fixed capital investment, subject to a limit of INR 1.5 crores. Besides these, and other concessions, interest subsidy of 3% on the working capital and insurance premium to the extent of … Get Loan/Subsidy; Get Subsidy; Capital Grant Scheme; Capital Grant Scheme. During the period of 10th Five Year Plan i.e. of India thro’ Office of the Textile Commissioner, Mumbai; Old TUFS: TUFS introduced in 1999 and was in vogue till … % of the eligible enterprises and the definition of investment is considered to a! Is considered to be a very important measure of the Micro industries been.. Funded by Corporation from its own resources Tourism Units would also receive Subsidy on building industries upgrade their equipment plant. Subsidy to the eligible fixed Capital investment Subsidy ( with a maximum of Rs.50.00 lakhs Sugar industries ( LOAN! 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