750 Cr but Less than Mega Project … 30 lakhs and the definition of investment is more comprehensive. 15 lakhs whichever is less (in Category I) and 20% of the eligible fixed capital investment or Rs. Besides these, and other concessions, interest subsidy of 3% on the working capital and insurance premium to the extent of … The CIT (A), however, directed the Assessing Officer to reduce, on proportionate basis, the capital subsidy received during the relevant assessment year from the written down value of respective block of assets for the purpose of computing depreciation allowance under the Act while directing that the subsidy should be treated as capital subsidy. With a view to increase the share of purchases from the small-scale sector, the Government Stores Purchase … The new package provides Capital Investment Subsidy, Interest Subsidy and Insurance Subsidy to new industrial units and existing industrial units on their substantial expansion. I) TUFS: Scheme operated by Ministry of Textiles, Govt. The measure aims to boost capital investment, fast-track projects and create jobs . Cash subsidy for SSIs in thrust industries: 25% of the eligible fixed capital investment or Rs. (ii) IPA: this was computed by way of refund of 75 … 1 crore) on investment in eligible machinery. 5. Key Features of the CLCSS. Under the CLCSS, businesses can avail up to 15% subsidy (with a maximum limit of up to Rs. Treasurer Josh Frydenberg said the Government would allow companies with more than $5 billion in turnover to ins 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. Green and … 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. Should … of India thro’ Office of the Textile Commissioner, Mumbai; Old TUFS: TUFS introduced in 1999 and was in vogue till … 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 … Special provisions … The government has introduced various schemes that provide financial subsidy to the eligible enterprises. The required term loan is funded by Corporation from its own resources. 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. National Livestock Mission is an … 10.00 crore to subsidize … 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. 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