The Government of Karnataka has announced the New Industrial Policy 2014-19 initiated by Industries Commissionerate.
The objectives of the Karnataka Industrial Policy 2014 -19 are as follows:
(i) To maintain an industrial growth rate of 12 % per annum
(ii) To enhance the contribution of manufacturing sector to the state GDP from
present level of 16.87 % to 20% by the end of the policy period
(iii) To attract investment of Rs. 5 lakh crore
(iv) To create employment opportunities for 15 lakh persons
(iv) To create employment opportunities for 15 lakh persons
(v) Government schemes and incentives for promotion of entrepreneurs.
Government desires to achieve these objectives through various policy measures and oneof these is providing attractive package of incentives and concessions to various categoriesof MSMEs, Large, Mega, Ultra Mega and Super Mega enterprises.
We at Interlink Capital provide services for all industries in Bangalore, Mangalore, Belgaum, Shimoga, Mysore and rest of Karnataka.
Package incentive schemes are as follows:
• Entry Tax Exemption: The policy Provides for exemption from payment of entry tax on specified goods. The exemption will be available for different periods depending upon the location and size of the units.
• Interest Free loan: The policy provides for grant of interest free loans .The maximum amount of loan and the period of availability depend upon the location and size of units.
• Electricity Duty: Exemption from payment of electricity to focused ultra mega enterprises and focused super mega enterprises.
• Exemption from Stamp duty on Loan agreements, lease deeds, mortgage, etc.
• Other benefits : Concessional registration charges, reimbursement of land conversion fee, subsidies are also available under the policy to different units for setting up effluent treatment plants.
• Other benefits : Concessional registration charges, reimbursement of land conversion fee, subsidies are also available under the policy to different units for setting up effluent treatment plants.
Eligibility:
• Eligibility of Applicants
Any individual/group of individuals having innovative idea/Concept will be eligible for special incentive package schemes.
Our Services for Incentive Schemes:
We provide you with the following services :-
Paperwork and documentation
Follow up and Licensing
Issuance of eligibility certificate
Why Choose Interlink Capital:
We at Interlink Capital believe in providing excellence to help our clients to achieve their business goals and provide them quality services in the various fields. We have a team of 100 experts who are expertise in their fields and can tackle any query quickly. Our Turn Around Time (TAT) is just 15days. Our clients include more than 500 export houses.
