Progressive Punjab:
Progressive Punjab:
Progressive Punjab:
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<strong>Punjab</strong> Industrial Policy, 2009<strong>Punjab</strong>’s new Industrial Policy, 2009 has been notified with an objective of promotingcompetitiveness, cutting costs for the industry and stimulating economic growthFocusEase of doingbusinessInfrastructuredevelopmentIncentivesIT/ ITeS SectorAgricultureTextileTourismOnline form submissionOnline status trackingConversion of DICs toInformation HubsHelpline Industrial ParksIndustrial EstatesIndustrial CorridorSEZsDuty exemptionsSupport in CertificationFinancial supportIT/ITeS Industry:Special Concessions:► Exemption from stamp duty & registration fee► 100% stamp duty reimbursement to developer,capital subsidy SME units in IT Park notified byPICTC etc.Agro sector:► Interest subsidy of 5% for 5 years to agro-industrialunits and agri-infrastructure projects► Wavering of CLU charges, rationalization of VATand other taxes/ levies etc.Other Features:► Revival of sick industry by way of One TimeSettlement SchemeSlide No 72<strong>Progressive</strong> <strong>Punjab</strong>: a growing investment destination of India