MSME

Objectives of The Scheme To take industrial development to the block level in (UT)of J&K, which is the first time in any Industrial Incentive Scheme of the GOI and attempts for a more sustained and balanced industrial growth in the entire UT. Beneficiaries: Scheme is made attractive for both smaller and larger industrial units. Expenditure: The financial outlay is  28,400 crorefor the…

Major benefits under RIPS, 2019 An eligible enterprise under the RIPS, 2019 shall get the following benefits and incentives as given below: Investment Subsidy in the form of 75% of SGST due and deposited for 7 years Employment Generation Subsidy in the form of reimbursement of 50% of employers’ contribution towards employees ESI and PF for 7 years Exemption from payment…