Land cost is counted under Fixed Capital Investment for incentives under Punjab's Industrial & Business Development Policy 2017.
Stamp Duty Exemption
100% exemption or reimbursement on purchase or lease of land and building.
Exemption from Land Development Charges
100% exemption from Change of Land Use Charges and External Development Charges.
SGST Reimbursement
100% GST Reimbursement
For period upto 15 years
Recovery upto 200% of Fixed Capital Investment
Power Tariff Rebate
Electricity (variable tariff) @ $0.07 (INR 5) per unit to all industrial units
Electricity Duty Rebate
100% exemption upto a period of 15 years
Exemption from Property Tax
Upto 100% exemption for 10 years
Employment Generation Subsidy
Upto $481 (INR 36,000) per employee per year upto 5 years.
Upto $641 (INR 48,000) per employee per year for Women & SC/BC/OBC upto 5 years.
With no domicile restriction
Exemption on purchase of Raw Material
100% Exemption of Market Fee, Rural Development Fee and other State Taxes on purchase of raw material for all categories of Food Processing industries upto 10 years.