|
Why Invest in AP
> Broad Spectrum of Incentives
- Concessional Allotment of Land
Lease upto 33 years at 5% of basic value with an incremental provision of 5% every 3 years
Tenure upto 33 years at first instance & first right of refusal
Complete responsibility of the Government for land assembly.
- Capital Investment Subsidy
For investments upto Rs. 20.00 crores, 20% capital investment subsidy, subject to maximum of Rs. 20.00 lakhs
For investments upto Rs. 20.00 to Rs. 100.00 crores, 25% capital investment subsidy, subject to maximum of Rs. 30.00 lakhs
Above Rs. 100.00 crores are Mega Tourism Projects, where subsidies are on case-to-case basis.
- Reimbursement of Stamp Duty & Transfer Fee
50% reimbursement for lease &
25% reimbursement for purchase
- Reimbursement of VAT
25% of VAT paid during a Financial Year will be ploughed back to the unit as a grant towards the payment of VAT for the next year
Benefit available for 5 years
- Luxury Tax
5% on room tariff above Rs. 1500/- per day for 5 years.
- Entertainment Tax
Reimbursement of 25% of Entertainment Tax for Entertainment components in Theme Parks, Entertainment Centers, etc.,
- Municipal Exemptions
Automatic Conversion & Exemption from Zoning Regulation
Exemption from payment of Conversion Charges
Exemption from payment of Impact Fees
- Energy Incentive
Reimbursement of 0.75 Paisa / 0.90 Paisa / 1 Rupee (according to zone) per unit of the energy cost for 5 years.
- Responsibility of the Government for obtaining all clearances & permissions
- Support from the Government in Promotion & Marketing
|
|
|
|
