Large Project Haryana Enterprises Promotion Policy 2020
Large Project - Fixed Capital Investment greater than INR 50 crore and turnover greater than INR 250 crore (over and above of limit of Medium units defined under MSMED the Act, 2006, amended from time to time by GoI).
Investment Subsidy on SGST
75% for first 7 years, 35% for next 3 years in ‘D’ category blocks with up to 125% of FCI.
50% for first 5 years, 25% for next 3 years in ‘C’ category blocks with up to 100% of FCI.
30% for first 5 years, 15% for next 3 years in B category Blocks with up of 100% of FCI.
Expansion/Diversification- These benefits shall be also be applicable to units undergoing 50% additional investment in plant and machinery for expansion/ diversification of existing unit with cap of 100% of new fixed capital investment on expanded FCI.
Employment Generation Subsidy
For capacity building of persons belonging to Haryana (skilled/semi-skilled) [having Haryana Resident Certificate] Subsidy @ Rs 36,000/- per year for SC/ Women and Rs 30,000/- per year for general category for 5 years in 'B’ & 'C' category blocks for direct employment with ESI/PF Number. However, the employment subsidy shall be provided for all the persons employed by the units in D Category Blocks.
Electricity Duty Exemption
100% exemption for 10 years in ‘D’ category blocks, 7 years in ‘C’ category blocks and 5 years in 'B' category blocks.
Stamp Duty Refund
100% refund of stamp duty in ‘D’ category blocks; 75% in ‘C’ category blocks and 50% in ‘B’ category blocks on the land meant for industrial use after commencement of commercial production, within 5 years from the date of purchase of land.
50% Exemption of External Development Charges in ‘B’, ‘C’ & ‘D’ category blocks