Performance Linked Grant Scheme for Smaller Business Units
The objective of the "Performance Linked Grant Scheme for Smaller Business Units" is to provide a Performance Linked Grant of 5% of the reported net income to the eligible Information Technology Units in the State of Goa, subject to a total cap of ₹ 25,00,000.
About This Scheme
Benefits
₹25.0 L
A performance grant of 5% of the reported net income, subject to a total cap of ₹ 25,00,000.
NOTE: The benefits under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in case the allocation is exceeded.
Eligibility
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Required Documents
- ✦Copy of Incorporation Certificate.
- ✦Copy of new unit registration document/certificate.
- ✦Copies of PAN and Aadhaar.
- ✦Memorandum and Articles of Association.
- ✦Copy of first bill generated showing the date of commencement of operations or other relevant document.
- ✦Income Tax Returns of the Unit for all years covered in the period claimed in this application highlighting the net income and y-o-y growth.
- ✦Certified copy from the auditor or Chartered Accountant certifying the reported income for the period claimed in this application.
- ✦Udyog Aadhaar.
✦ Required ◦ Optional
How to Apply
Incentive Application Receipt: D Application scrutiny as per checklist: D+30days Application approval by the Empowered Committee: D+60 days Issue of Regret Letter/Sanction Orders and Disbursement: D+90 days
Quick Info
- Level
- Central Government
- Max benefit
- ₹25.0 L