Plans and Policies
New Central Sector Scheme, 2021
- The Scheme provides several incentives to promote investment in Jammu and Kashmir. For instance, a Capital Investment Incentive (CII) offers 30%-50% on investment with limits ranging from Rs.5 to Rs.7.5 crore, depending on the zone. Additionally, there is a Capital Interest Subvention (CIS) at an annual rate of 6% for up to 7 years on loans up to Rs. 500 crore.
IT/ITeS Policy, 2020
- Under the IT/ITeS Policy, 2020, which is effective for 10 years from 21.08.2020, several incentives are provided to encourage IT and ITeS businesses. These include a 50% relaxation on ....