The Central and State Governments of India offer various industrial and business subsidies to encourage entrepreneurship, manufacturing, exports, employment, and MSME development. These schemes provide financial support, tax benefits, interest rebates, capital assistance, and infrastructure aid to eligible enterprises.
At Tax Craft Services, we help you identify suitable subsidy schemes, assist with proper documentation, handle registrations, follow-up on compliance, and represent your case if subsidy is delayed or rejected.
Subsidy Type | Governed By |
---|---|
Capital Investment Subsidy | Ministry of MSME / State Industries Dept. |
Interest Subsidy / Rebate | SIDBI, Banks, State Schemes |
Employment Linked Subsidy | PMEGP, Skill Development Ministries |
Technology / Quality Subsidy | MSME-DI, DC-MSME, NSIC |
Power / Electricity Subsidy | State Electricity Boards |
Export Incentives | DGFT, MEIS, RoDTEP |
A. Before Subsidy Application
B. After Application / Approval
Violation | Penalty |
---|---|
False declaration or inflated claims | Cancellation + Legal action |
Not using funds for approved project | Recovery + Interest + Blacklisting |
Delays in reporting/utilization | Blocking of further disbursement |
Misuse of funds | Prosecution under MSMED Act / IPC |
A. Scheme Identification
B. Registration & Application
C. Post-Application Support
D. Rejection/Delay Handling
E. Record-Keeping & Planning