KEY HIGHLIGHTS

POLLYWOOD”, The film industry in Punjab is popularly known and well established

KEY POLICY TARGETS

  • Investment of Rs …………… in next 5 years

  • Employment creation……………….in next 5 years

KEY INITIATIVES

  1. Setting up of Film City in Punjab

  2. Promoting Punjab as a film shooting destination in the national and international market

  3. Promotion of infrastructure in the Entertainment Industry.

  4. Development of Film City on PPP model with world-class amenities.

  5. Development of Amusement Infrastructure and grant of 100% exemption from entertainment tax and land at concessional rates

KEY FISCAL INCENTIVES

Fiscal Incentives for MSME/Large units

  • MSME – 100% Reimbursement of net SGST, Exemption in ED, SD
  • MSME – 5% Interest Subsidy for Border and Kandi Area
  • MSME – Assistance for Finance, Technology, Marketing & Exports
  • Large – 75% of net SGST, 100% Exemption in ED, SD & 50% Property Tax
  • Thrust Sector – 100% of net SGST, 100% Exemption in ED, SD & 50% PTax
  • Early Bird Units in New Industrial Parks – 100% of net SGST upto 125% FCI

Fiscal Incentives for Anchor Unit

  • 100% Reimbursement of net SGST for 15years upto 200% of FCI
  • 100% Exemption from CLU/EDC
  • Employment Generation Incentive @Rs.30,000/employee/year
  • CLU in Agriculture Zone for minimum land area of 50 Acres

Non-Fiscal Incentives

  • Exemption from PAPRA and Grant of CLU for Anchor Projects
  • 365 days operation without any weekly offs
  • Exemption from Consent Management for Green Category Units