State Schemes for MSMEs

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Scheme Name: Fiscal Incentives - IT

State: Haryana

Description of the Scheme:

Aim to develop IT and ESDM sectors as key growth drivers for achieving vision to:

Make clear destination of choice for investments in IT and ESDM sector

Make IT and ESDM sector as key enabler of equitable growth to spread prosperity and development

Develop MSMEs as the growth engine of economy

Become recognised leaders in availability of high-quality talent pool in the sector

Foster culture excellence in pioneering research, innovation and entrepreneurship

Make technology as the enabler for door step delivery of citizen services

Target group :

Sector of the Scheme:

Eligibility Criteria: IT firms operating in Haryana

Nature & Mode of Assistance:

  1.   Stamp duty: IT industry shall be eligible for 100% reimbursement of stamp duty paid on sale/lease deeds paid on the first transaction for setting up units in notified IT parks, IT cities, Technology parks/STPIs or any land earmarked by State Government for IT industry. Units setting up in Block 'B', 'C', 'D' shall also be eligible for 100% reimbursement of stamp duty.
  2. Electricity duty exemption: 100% exemption for a period of 7 years from commercial operations.
  3. Power subsidy: IT/ITeS industry shall be eligible for getting power at Rs.5.49 per unit* provided investor signs MoU with Government of Haryana for investments.

* Subsidy is restricted up to certain level of consumption of per industrial unit which shall be decided separately with approval of Chief Minister.

  •   Property tax at industrial rates: Property tax on IT/ITeS units shall be at par with the industrial rates.
  • SGST Reimbursement: 100% reimbursement (net tax) for a period of 10 years subject to maximum of 100% of fixed capital investment for units setting up in 'C' & 'D' blocks.
  • Mega projects: Mega projects shall be eligible for special package of incentives over and above of the standard package for IT industry shall be considered by the empowered committee on case to case basis.
  •   Ultra mega projects: Ultra mega projects shall be offered special package of incentives by Haryana Enterprise Promotion Board including such as mixed land use, allotment of land at a price to be decided by the Government, etc.

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

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

    How to apply: Office of the Information Technology, Electronics and Communication Department, Chandigarh

    Whom to Contact:

    Senior Administrative Officer

    Room No. 42, 9th Floor, Haryana Civil Secretariat, Chandigarh-160001.

    Tel: 0172-2748142

    email: ravinder@hry.nic.in

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