MAHARASHTRA INDUSTRIES, INVESTMENT & SERVICES POLICY 2025
Dear-Businessman/Investors,
In Series of KIP: Business and Subsidy Update, today we are going to share with you an informative series i.e., “Interest Subsidy” under Maharashtra Industries, Investment & Services Policy 2025.
Objective:
This scheme has been introduced to promote the micro, small, medium, large scale industries that will create the business opportunities, better infrastructure, innovation, and employment generation. To make the state a supportive for make in India, the government has introduced this scheme and provide fiscal incentives to these sectors. This scheme shall be effective for 5 years from 2025 to 2030 to avail the benefits under this scheme.
Under this scheme, The state government will provide the assistance to promote the MSME and other sector by providing the incentives in way of Subsidy on SGST paid, interest subsidy, power tariff, stamp duty paid etc to support financially in their business. The location of Maharashtra is categorized in 5 taluka category as per the location of business and the subsidy will avail as per the category under which business unit falls.
Quantum of Assistance:
Stamp Duty Exemption
100% stamp duty exemption for new and expansion units in Group C, D, D+, below classification. Group A & B units shall be eligible for 50% waiver on first lease / conveyance deed for the purpose of acquisition of land or for term loan purposes, subject to limit:
- For category A- 30% of Fixed Capital Investment aggregate in next 5 years.
- For category B- 40% of Fixed Capital Investment aggregate in next 7 years.
- For category C- 50% of Fixed Capital Investment aggregate in next 7 years.
- For category D- 60% of Fixed Capital Investment aggregate in next 10 years.
- For category D+- 70% of Fixed Capital Investment aggregate in next 10 years.
Eligible Entities:
Under this scheme incentives can avail by an entity/organisation such as Proprietary, Partnership, Pvt. Ltd. Company, Public Ltd., LLP (Limited Liability Partnership) and Co-operative society etc.
Fixed Capital Investment:
“Fixed Capital Investment” refers to the investments made for the establishment of a new enterprise, expansion/modernization/ substitution of existing enterprises (where applicable), including investment in land/land development, shed-building construction, installation of new plants and machinery, electricity supply, water supply, and boundary wall construction.
Commencement and Applicability:
The Maharashtra Industries, Investment & Services Policy 2025 will remain in effect for five years from the date of notification or until the next policy comes into effect. This policy document will be reviewed once every year until the end of the policy term to assess its effectiveness. However, it may be modified earlier than the scheduled review date to address changes in laws, regulations, or after assessing the policy`s effectiveness in achieving its intended results.
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