Odisha amends the Industrial Policy Resolution 2015 offering industries more flexibility in the timeframe for claiming incentives. According to the amendment, industries can submit claims for various govt incentives and certificates within two years of commissioning their projects from the earlier one year. The government extends multiple financial benefits to under the Industrial Policy Resolution including subsidies for capital investment in equipment, exemptions from electricity duty, power tariff reimbursements, and state GST refunds.
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Odisha amends the Industrial Policy Resolution 2015 offering industries more flexibility in the timeframe for claiming incentives. According to the amendment, industries can submit claims for various govt incentives and certificates within two years of commissioning their projects from the earlier one year. The government extends multiple financial benefits to under the Industrial Policy Resolution including subsidies for capital investment in equipment, exemptions from electricity duty, power tariff reimbursements, and state GST refunds.
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Source:
Times of India