Scheme Name: Special Incentive to IT Enterprise continue to operate for 5 years

State: Tripura

Description of the Scheme: Scheme shall be for IT/ITeS industrial enterprises

Target group :

Sector of the Scheme:

Eligibility Criteria:

Nature & Mode of Assistance:

Additional subsidies / incentives shall be provided to the IT enterprises continue to operate for 5 years from the date of commencement of commercial production. Subsidies shall be provided to such IT enterprises for a further period of 5 years. The provisions for providing additional subsidy to IT enterprise after 5 years shall operate as follows:

1. Industrial promotion subsidy: Industrial promotion subsidy (reimbursement of GST) shall also be allowed at 25% of Goods and Service Tax actually paid by the units after 5 years of their operation. The subsidy shall be provided for a further period of 5 years subject to the condition that the aggregating payment of subsidy to any unit from the date of its commencement of production shall not exceed to the amount of 100% of investment in plant and machinery / equipments.
2. Partial re-imbursement of power charges: Power subsidy shall also be provided at 15% of actual power charges paid by IT/ITeS enterprises after 5 years of operation. The incentive shall be for the next 5 years and subject to an annual upper ceiling of subsidy of Rs.6 lakhs for enterprises on employment in the range of 20 to 50 persons, Rs.9 lakhs on employment in the range of 51 to 100 persons and Rs.12 lakhs on employment of morethan 100 persons.
3. Employment cost subsidy: Subsidy in the form of reimbursement of employer contribution towards payment of EPF and ESI to Regional Provident Fund Commissioner shall be provided at 50% of payment made by MSME units with employment of 20 or more persons for a further period of 5 years. For large units with employment 50 or more, the employment cost subsidy shall also be reimbursed at 50% for a further period of 5 years.
4. Wages subsidy: Wages subsidy will be provided to the IT/ITeS enterprises at 20% of the actual wages paid on employment of 20 or more persons by them after 5 years of operation. The subsidy shall be for the next 5 years period. The upper ceiling of payment of wages subsidy shall be Rs.2.50 lakhs per enterprise per annum.

"Financial Information (Subsidy, low interest rate, etc.)":

"Other Assistance (Procurement of machinery, Technology /Marketing, International Cooperation, etc.)":

How to apply:

Whom to Contact:

Directorate of Information Technology, (Department of Industries & Commerce), Government of Tripura, Agartala ? 799006 Tel/Fax: 0381 - 235 5751

itdept-tr@nic.in