ii . |
Special incentives shall be provided to the |
h . Reimbursement of Net VAT : The unit can |
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following focus areas |
deposit the tax for the first quarter and |
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a . Medical electronics |
reimbursement of net VAT would be credited |
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b . IoT c . LED |
at the end of the quarter , subject to its adjustment depending upon actual incident of taxation . Effectively , it means |
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d . Semiconductors |
reimbursement of net VAT on a quarterly |
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e . Display |
basis and will be applicable for first 5 years |
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f . |
Aviation and automotive electronics |
without any investment limit . |
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iii . Mobile Manufacturing Units |
i . |
VAT Rate : The rate of VAT will be 5 %. |
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a . Allotment of Land : To allot land without |
j . |
CST : To waive off CST at 2 %. |
|||
infrastructure cost considering to “ Anchor |
iv . Women Entrepreneurs : |
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Unit ” and total of 10 units will be considered |
a . Additional 10 % investment subsidy for |
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as Anchor units and will be considered for |
Women subject to a maximum of additional |
||||
allocation of land on cost basis to this |
INR 10 Lakhs for MSEs . |
||||
industry . |
b . INR 5 Lakhs as recruitment assistance , |
||||
b . Power Subsidy : To supply power on average |
basing on the level of employment |
||||
cost of service ( as fixed by Telangana State |
generated , for employing minimum 50 |
||||
Electricity Regulatory Commission ). |
employees within two years of |
||||
Alternatively , the units can avail 25 % power |
commencement of commercial operations . |
||||
subsidy for a period of 3 years or INR 30 |
This assistance will be managed and |
||||
Lakhs , whichever is earlier . |
disbursed by TASK . |
||||
c . Reimbursement of Costs for Quality Certification : |
c . Providing 25 % subsidy on lease rentals up to |
||||
To develop a system of self-certification , by |
INR 10 Lakhs per annum maximum up to a |
||||
the Industries Department , in consultation |
period of three years , for the plug-and-play |
||||
with concerned departments , subject to the |
built up office space from 1000 sft . to |
||||
unit complying with all provisions which will |
10,000 sft ., Industry Shed ranging from 1000 |
||||
be followed for these units . |
sft to 20,000 sft , leased from Government or |
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d . Stamp Duty : To reimburse 100 % stamp duty . |
Private owned IT Park / IT SEZ / Industrial |
||||
e . Patents : To reimburse 100 % cost towards |
Park . |
||||
incentives for filing patents limited to INR 5 |
v . |
SC / ST Entrepreneurs : Incentives and subsidies |
|||
Lakhs . |
shall be applicable as mentioned under T-PRIDE |
||||
f . |
Capital Subsidy : To allow a 20 % capital |
vi . Support to R & D Institutions |
|||
subsidy , subject to a ceiling of INR 10 Crores |
a . Promote innovation in the Electronics sector |
||||
per company ( including subsidiaries and |
through Awards by way of grants . |
||||
ancillary units ). |
b . Assistance at 20 % of project cost or up to |
||||
g . Interest Subvention : 5.25 % per annum on term |
INR 10 Lakhs , whichever is lower , for |
||||
loan for a period of 5 years or till reaching |
sponsored research work from any industrial |
||||
50 % of the capital involved , whichever is |
unit to Government R & D Institution / |
||||
earlier , subject to an overall ceiling of INR 1 |
Government Technical College |
||||
Crore per unit per annum . | |||||
I |
Mega Electronics Hub : Government of Telangana is |
b . Assured Power : All the notified EMCs will have an |
developing Hyderabad Information Technology and Investment |
assured 24 / 7 access to power . Necessary laws will be passed |
|
Region ( ITIR ) in an area of 200 sq km . |
to facilitate this mechanism . |
|
ii . |
Common Facilities Centre : Common Facilities Centres would |
|
be created in each of the proposed EMCs . | ||
iii . PPP for Creation of Electronics Infrastructure : The facilities , in | ||
the form of electronics hubs , hardware parks and electronics | ||
zones , shall be developed adopting a transparent PPP policy . | ||
iv . Provision of Built-up Space : The Government of Telangana | ||
shall actively pursue the creation of built up spaces and | ||
provide it at subsidized rates to eligible companies . | ||
v . |
Other Critical Infrastructure : |
|
a . Connectivity : The Government shall strive to provide | ||
state of the art connectivity across the city . | ||