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100 percent exemption of Luxury-tax on new investments
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Exemption of 50 percent on Stamp-duty and
Conversion-charges in case of all investments
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Exemption of 50 percent on Electricity-duty,
Mandi-tax and Entertainment-tax for 7 years in case of
all investments
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Interest subsidy of 5 percent would be made
available. An additional interest subsidy of 1 percent
to SC/ST (Scheduled Castes/Scheduled Tribes)
entrepreneurs for 7 years. This interest subsidy would
be available to the units having a minimum borrowing of
Rs. 50 lakh or having an investment of at least Rs. 25
lakh in land and buildings. For purpose of calculating
investment in land and buildings, the calculation for
land would be made at DLC rate and for building at the
rate of Rs. 300 per square Ft.
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Wage/employment subsidy of 25 percent of wages/salary
with respect to such workers who are contributing
towards PF and 30 percent on appraisal by Rajasthan
State Industrial Development and Investment
Corporation (RIICO)/Rajasthan Financial Corporation (RFC)
when the investor is not availing interest subsidy.
Wage/employment subsidy would be available for 7
years.
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The sum
total of interest and wage/employment subsidy would be
subject to a maximum of 50 percent of sales tax,
purchase tax, VAT and works contract tax.
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Wage/employment subsidy would be available only if the
unit provides direct employment to atleast ten persons
in case of new units.
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Interest
and employment subsidy would be available to new as
well as existing units for modernization and expansion
to the extent of additional employment generated or
capital borrowed and additional taxes paid.
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The payment
of interest and wage subsidy would be made through a
mechanism, which would be worked out within a period
of one month.
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Interest @
5 percent per annum would be payable to investor in
case the reimbursement is delayed for a period of more
than 30 days.
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Guarantee
Commission would be reduced to 0.5 percent in case of
RIICO and RFC so as to reduce their lending rates.
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A budgetary
provision of Rs. 100 crore would be provided every
year till 2007 for development of critical
infrastructure for new investment.
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For
Industrial Policy please see
http://www.rajasthan.gov.in/industry.SHTM
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For IT
Policy please see
http://www.rajasthan.gov.in/Rajasthan%27s%20IT-Policy-2000.SHTM
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For more
information please see
http://www.investrajasthan.com/
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For more
information please see
http://www.rajasthanfoundation.org
