The New Industrial Policy

The state provides the highest level of fiscal investment in the country. 

* Sales Tax Incentive :
 
Sales Tax exemption / deferment for 7 to 14 years at up to 135 % of fixed capital investment.

* Investment Subsidy :
 
20% of fixed capital investment subject to a ceiling of Rs. 2 million.

* Power Subsidy :

25% rebate in power bills for three years subject to a maximum of Rs. 5 million.

* Special Incentives : 

Special Incentives will be granted for mega projects on a case-to-case basis.

* Incentives for functioning units : 

20% of costs of captive power generating units subject to a ceiling of Rs. 2 million. 

Concessional Sales Tax (APGST) reduced to 4% on diesel used for captive generation.