Department of Industries & Commerce, Government of Punjab

Seed funding up to ₹15 Lakh for DPIIT-recognized startups operating in Punjab.

Annual interest subsidy for DPIIT-recognized Punjab startups on scheduled bank loans, up to ₹5 Lakh/year.

Lease rental reimbursement for DPIIT-recognized startups operating in Punjab.

A financial incentive by the Government of Punjab providing net State Goods and Services Tax (SGST) reimbursement for existing manufacturing units undergoing expansion, modernization, or diversification.

Manufacturing units in Punjab undertaking expansion or installing renewable energy can claim exemption on electricity duty for incremental power consumption, up to 100% of Fixed Capital Investment.

This scheme provides eligible manufacturing and IT & ITES industries in Punjab with a subsidized variable power tariff of ₹5.50 per KVAH for five years.

Punjab Industrial Policy 2022 property tax incentive on the additional covered area created by an existing manufacturing unit's expansion, up to 100% of FCI.

Punjab reimburses 25% of the fee an MSME pays under the Ministry of MSME's Performance and Credit Rating Scheme, up to ₹10,000.

Punjab reimburses 100% of net SGST for 15 years from commercial production, capped at 200% of fixed capital investment.

Punjab reimburses 100% of what an MSME spends on quality certifications, including ZED, up to ₹10 lakh.

Eligible Punjab units get 100% exemption or reimbursement of CLU and EDC charges under the Industrial and Business Development Policy 2022.

Punjab waives mandi fees, RDF and other taxes on the incremental raw material an expanding manufacturing unit buys, up to 100% of its fixed capital investment.

Punjab reimburses the ₹1 lakh per-programme industry contribution an MSME pays for NID Ahmedabad design awareness programmes.

Punjab pays units Rs 36,000 per Punjab-domiciled employee per year for up to 5 years under the Industrial and Business Development Policy 2022.

Punjab pays half the stall rent (up to ₹5 lakh) for international trade fairs and a quarter (up to ₹3 lakh) for domestic ones.

Punjab pays units Rs 48,000 per year for each Punjab-domiciled woman or SC/BC/OBC employee, for up to 5 years from commercial production.

Punjab reimburses 50% of the cost of onboarding onto an approved e-commerce platform, up to ₹25,000, for the first 1,000 MSME units.

Punjab pays 8% per annum of the interest on a recognised startup's bank loan for 5 years, capped at INR 5 lakh a year.

New and expanding Punjab units get 100% electricity duty exemption for 15 years, capped at 100% of fixed capital investment.

Punjab reimburses 25% of a startup's lease rent in an incubator, IT park or notified industrial park for one year, up to INR 3 lakh.

Exporting MSMEs in Punjab get 1% of FOB value or actual inland freight, whichever is less, up to ₹20 lakh a year for five years.

Units buying farm produce directly are exempted from the PAMB licence condition to pay 2% over and above MSP.

A seed grant of up to INR 3 lakh per startup in Punjab for idea validation, prototyping, market research and early setup costs.

Punjab gives ₹1 lakh annual awards to enterprises for excellence in productivity, quality and export, in MSME, SC, Women and Exporter categories.

Eligible Punjab units get 100% exemption or reimbursement of stamp duty on purchase or lease of land and building.

Punjab refunds 100% of the stamp duty a Startup Punjab-registered company pays on registering its MoA/AoA.

The first 5 MSME and 5 large units in a new industrial park get 100% net SGST reimbursement for 12 years, capped at 125% of FCI.

Punjab reimburses 100% of an MSME's net SGST on intra-state sales for 7 years from commercial production, capped at 100% of fixed capital investment.

Large units in Punjab get 75% of net SGST on intra-state sales reimbursed for 7 years, capped at 100% of fixed capital investment.

Up to INR 50 lakh capital subsidy for new micro and small manufacturing units in Punjab — 50% of fixed capital investment in priority districts, 20% elsewhere.

Eligible large units in Punjab pay no electricity duty for 10 years, bounded by 100% of fixed capital investment or their approved DPR load.

5% per annum interest subsidy, up to INR 5 lakh a year for 5 years, for MSMEs in Punjab's border and Kandi areas and for women- and SC-owned enterprises.

Punjab adds a 5% interest subsidy, up to INR 5 lakh a year for 5 years, on top of the central CLCSS — including for units that have exhausted their CLCSS limit.

Large units in Punjab pay no stamp duty on the purchase or lease of land and building — 100% exemption or reimbursement.

Stamp duty on a registered mortgage is capped at Rs. 10,000 per instrument for industrial units taking loans from financial institutions.

Large units in Punjab get a 50% property tax exemption for 7 years from commercial production; service industries are excluded.

Punjab refunds 100% of the CGTMSE guarantee fee paid by a micro or small enterprise, up to INR 2 lakh a year for 5 years.

Sick large units under a sanctioned rehabilitation package get 75% (border districts) or 50% (other districts) of net VAT/SGST reimbursed for 5 years.

Punjab reimburses 25% of an MSME's public issue expenses, up to INR 10 lakh, for listing on the NSE Emerge platform — once during the policy period.

Thrust-sector MSME and large units in Punjab get 100% of net SGST reimbursed for 10 years, capped at 125% of fixed capital investment.

The first two new units per sector in Punjab's Border Zone and Kandi areas, with FCI of at least Rs 100 crore, get 100% EDC relief.

100% electricity duty exemption for 7 years for new and expanding Punjab MSMEs, limited by fixed capital investment or approved DPR load, whichever is lower.

MSME and large units in Punjab's thrust sectors pay no stamp duty on the purchase or lease of land and building.

The first two units per sector to start operations in Punjab's Border Zone and Kandi areas get 75% exemption from state duties, taxes and fees.

Punjab exempts or reimburses 100% of the stamp duty an MSME pays to buy or lease land and building.

MSME and large units in Punjab's thrust sectors get 100% exemption or reimbursement of Change of Land Use and External Development Charges.

The first two units per sector in Punjab's Border Zone and Kandi areas get 40% additional FCI in the SGST reimbursement ceiling.

Thrust-sector MSME and large units in Punjab pay no property tax for 10 years from commercial production; service industries are excluded.

Food processing units in Punjab pay no market fee, rural development fee or other statutory levies on raw material for up to 10 years.

New mega projects in Punjab get a special power tariff of Rs. 5.50 per KVAh for 4 years from release of the permanent power connection.

Punjab adds 50% on top of MEITY's SPECS capex support for the first 10 ESDM units, up to ₹10 crore each.

New ultra mega projects in Punjab get a special power tariff of Rs. 5.50 per KVAh for 5 years from release of the permanent power connection.

New mega projects in Punjab get 100% of net SGST reimbursed for 17 years, capped at 200% of fixed capital investment.

Textile MSMEs in Punjab get a 5% interest subsidy for 5 years on top of ATUF benefits, up to ₹10 lakh a year.

New ultra mega projects in Punjab get 100% of net SGST reimbursed for 20 years from commercial production, capped at 200% of FCI.

IT and ITES units in Punjab get a capital subsidy of 50% of fixed capital investment, capped at ₹2.5 crore per unit.

Existing Punjab industries switching to paddy straw fuel boilers get 100% net SGST reimbursed for 7 years, capped at 75% of the boiler investment.

Anchor units in Punjab get 100% of net SGST reimbursed for 15 years, up to 200% of fixed capital investment.

Industries switching to paddy straw boilers get 100% stamp duty relief on land and building bought or leased exclusively for straw storage.

Anchor units in Punjab get 100% exemption or reimbursement of Change of Land Use and External Development Charges.

Anchor units in Punjab get ₹36,000 per Punjab-domicile employee per year for 5 years, rising to ₹48,000 for women and SC/BC/OBC employees.

Anchor units in Punjab pay no electricity duty for 15 years, bounded by 100% of fixed capital investment or their approved DPR load.

Anchor units in Punjab are exempt from the PAMB licence condition requiring payment of 2% over MSP on direct purchase of produce.

Anchor units in Punjab pay no stamp duty on the purchase or lease of land and building — 100% exemption or reimbursement.

Punjab reimburses 50% of what an MSME spends adopting technology from a recognised National Institute, up to INR 25 lakh.

Punjab reimburses 50% of plant, machinery and testing-equipment spend, up to INR 5 lakh, for the first 100 MSMEs reaching ZED gold status.

Punjab refunds 75% of an MSME's energy, water, safety, environment or steam audit fees, up to INR 1.5 lakh for each audit.

Punjab funds 50% of an MSME's capital cost for an effluent treatment plant, water pollution control devices or zero liquid discharge, up to INR 25 lakh.

New Punjab MSMEs that meet half their water needs from surface water get a 25% exemption from ground water charges for 7 years.

Punjab refunds 75% of an MSME's patent registration expenses — up to INR 10 lakh for a domestic patent and INR 20 lakh for an international one.