{"id":646,"date":"2022-05-05T14:38:28","date_gmt":"2022-05-05T14:38:28","guid":{"rendered":"https:\/\/udyogmentor.com\/?p=646"},"modified":"2022-05-05T14:38:28","modified_gmt":"2022-05-05T14:38:28","slug":"rips-2019","status":"publish","type":"post","link":"https:\/\/udyogmentor.com\/community\/rips-2019\/","title":{"rendered":"RIPS 2019"},"content":{"rendered":"<h3><strong>Major benefits under RIPS, 2019<\/strong><\/h3>\n<p>An eligible enterprise under the RIPS, 2019 shall get the following benefits and incentives as given below:<\/p>\n<ul>\n<li>Investment Subsidy in the form of\u00a0<strong>75% of SGST due<\/strong>\u00a0and deposited for\u00a0<strong>7 years<\/strong><\/li>\n<li>Employment Generation Subsidy in the form of reimbursement of\u00a0<strong>50%<\/strong>\u00a0of employers\u2019 contribution towards employees\u00a0<strong>ESI and PF for 7 years<\/strong><\/li>\n<li>Exemption from payment of\u00a0<strong>100% of electricity duty<\/strong>\u00a0for\u00a0<strong>7 years<\/strong><\/li>\n<li>Exemption from payment of\u00a0<strong>100% of Land Tax<\/strong>\u00a0for\u00a0<strong>7 years<\/strong><\/li>\n<li>Exemption from payment of\u00a0<strong>100% of market fee (mandi fee)<\/strong>\u00a0for\u00a0<strong>7 years<\/strong><\/li>\n<li>Exemption from payment of\u00a0<strong>100% of stamp duty<\/strong><\/li>\n<li>Exemption from payment of\u00a0<strong>100% of conversion charges<\/strong>\u00a0for change of land use and conversion of land<\/li>\n<li>In addition, the eligible enterprise shall also be provided interest subsidy or capital subsidy for the capital investment made by them in the new unit or expansion of existing unit. Interest subsidy or capital subsidy may vary in various sectors and depends on the fulfilment of eligibility criteria sector-wise.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>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\u00a075% of SGST due\u00a0and deposited for\u00a07 years Employment Generation Subsidy in the form of reimbursement of\u00a050%\u00a0of employers\u2019 contribution towards employees\u00a0ESI and PF for 7 years Exemption from payment&hellip; <\/p>\n<div class=\"read-more\"><a class=\"more-link\" href=\"https:\/\/udyogmentor.com\/community\/rips-2019\/\">Read More <span class=\"screen-reader-text\">RIPS 2019<\/span><\/a><\/div>\n","protected":false},"author":1,"featured_media":647,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94,92],"tags":[],"class_list":["post-646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-industrial-policies","category-msme","entry"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts\/646","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/comments?post=646"}],"version-history":[{"count":0,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/posts\/646\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/media\/647"}],"wp:attachment":[{"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/media?parent=646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/categories?post=646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/udyogmentor.com\/community\/wp-json\/wp\/v2\/tags?post=646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}