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The scheme was … When businesses are making capital investments it means they are confident in the future and intend to grow their businesses by improving existing productive capacity. He said that the claims need to be submitted to the concerned DIC in the prescribed Application Forms within one year from the date of commencement of commercial production/operation. A subsidy however refers to a specific good, the relative price of which has been lowered because of the subsidy with a view to changing the consumption/ allocation decisions in favour of the subsidised goods. Subsidy on Pollution Control Devices @ 60% of the cost of pollution control devices subject to a maximum of Rs.50.00 Lakhs. He said that all transaction in respect of the cost of plant and machinery/project must be made through ‘A/c … Cash subsidy for SSIs in thrust industries: 25% of the eligible fixed capital investment or Rs. Objectives Main objectives of the scheme are • To promote organic farming in … With a view to increase the share of purchases from the small-scale sector, the Government Stores Purchase … The measure aims to boost capital investment, fast-track projects and create jobs . For setting up a new industry in Kutch District of the State of Gujarat, the Assessee was granted certain subsidies under the State … Government of Tamilnadu, has introduced a special scheme named ‘New Entrepreneur-cum-Enterprise Development Scheme” in which the promoter’s contribution will be in the range of 5% to 10% on the project cost with 25% of capital investment subsidy on land buinding and machinery subject to a maximum of Rs.30 Lakh as per the operational guidelines of the scheme. The interest subsidy will be limited to term loans up to Rs. The first question raised by the Revenue arises out of the dispute between the Assessee and the Revenue with respect to the treatment that, the subsidy amounts received by the Respondent should be given. Capital Investment Subsidy (CIS) under state’s incentive package shall be extended to these blocks. 04 June 2011 10% Capital Investment Subsidy received from Central Government on september,2011 aganist the investment made on plant & Machinery during the financial year 2004-05, but for the same no accounting has been provided in the books. Interest Subsidy on Working capital @ 3% to 5%. Under this line of credit, NABARD has envisaged transformation of 35,000 … into an average return of roughly 8% per year in increased adult wages (Schultz [12]). CIT (A) also upheld the addition of … 30 lakhs and the definition of investment is more comprehensive. of India under Gramin Bhandaran Yojana, a Capital Investment Subsidy Scheme for Construction and Repair/Renovation of Rural Godowns. 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