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INTRODUCTION INCENTIVES IN THE FIELD OF AGRICULTURE INFRASTRUCTURE TEXTILE FILM INDUSTRY TOURISM SSI, MSI AND FOR WOMEN
INTRODUCTION
4TH
LATGEST STATE 2ND LONGEST COASTAL LINE 2ND LARGEST PORT WELL CONNECTED THROUGH ROAD AND RAIL
FILM INDUSTRY
7%
-low budget movie 15%-high budget movie 24%-dubbed film inside or outside Cash subsidy to telugu film
Financial
assistance to entrepreneurs Nandi awards to feature films. Shooting permissions to film producers Conducting of film festivals
TOURISM
Andhra Pradesh is the leading State in the country in attracting maximum number of domestic tourists. In 2009, 157 million domestic tourists visited AP. This marks an increase of 14% over 2008. Attracts private sector investments in Tourism and Hospitality sectors. 75% of domestic arrival is confined to famous temple of Lord Venkateshwara at thirumala
100% reimbursement of Stamp duty and transfer duty . 100% reimbursement of Stamp duty for Lease of Land/Shed/ Buildings. 25% rebate in land cost limited to Rs.10.00 Lakhs in Industrial Estates/Industrial Parks. 25.% Land conversion charges for industrial use. 15% investment subsidy on fixed capital investment. Reimbursement of 100% VAT/CST or State Goods and Services Tax (ME & LE). Reimbursement of 50% VAT/CST or State Goods and Services Tax (SE). 50% Reimbursement of cost involved in skill upgradation(M S L E). 50% subsidy on the expenses incurred for quality certification (S & L E).
WOMEN ENTREPRENEURS
Additional 5% investment subsidy on fixed capital investment subject to a maximum of Rs.5.00 lakhs to MSEs. Other incentives goes as per MSE incentives seen above
MEGA PROJECTS
Mega projects i.e. projects with an investment of Rs.250 Crores and above or a project that creates employment to more than 2000 persons are eligible for all the incentives available for Large Industries and Medium Scale Enterprises. Tailor-made benefits.