| Key Incentives for SSIs in Karnataka (1999) | |||||
| State | Subsidy on Fixed Capital Investment (In Percentage Terms, Maximum Limit in Rs. Million) | Per cent of Sales Tax Relief on Fixed Capital Investment (From Date of Commencement of Production) | Power Subsidy (From Date of Commencement of Production) | Infrastructure/ Technical Support | Others |
| Karnataka (1999) | Tiny units 25% or Re. 1 million max. (General category of entrepreneurs), 25% or Rs. 1.1 million max. (Special Category of entrepreneurs) in Zone-I and Zone-II; tiny industries in thrust sector and Growth centre-30% limited to Rs.1.2 million. | New units : Tiny @ 15% upto 4 (6)** years, 6 (8) years, 7(8) years for units located in developed, developing and Growth Centres respectively Small : @ 100% upto 4(6) years, 6(8) years and 7(8) years respectively for same locations as above | Units using captive power generation exempt from Electricity Tax up to 5 years, agro-food industries-no power cuts ad for captive power units exempt from electricity tax for 10 years IT industry exempted from power cuts | Allotment of land/sheds : @ 20%, up to Rs. 2 million for Industrial Estates promoted in private/ cooperative sector | Exemption from payment of stamp duty; registration charges at a concessional rate |
| Additional investment subsidy of 5% or Re. 0.5 million max. for units set up in thrust areas and special categories of entrepreneurs. | Existing units (tiny & small) undertaking expansion/ diversification: @ 60%. 80% & 80% for a period of 4(6) years, 6(8) years and 7(8) years in developed area, developing centres respectively; Agro-food industries to get 12 years exemption and 14 years deferment with ceiling of Rs. 20 million | Additional investment subsidy at 100% up to a maximum of Rs. 0.5 million for units installing equipment for renewable sources of energy/captive generation | |||
