Special Incentive Allowance Scheme

Special Incentive Allowance Scheme

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Description

Provides periodic financial incentives to IT units in Goa to support expansion and reward performance metrics like annual growth and local hiring.

Benefits (Every 3 years)

  • Smaller Business Units: ₹ 50,00,000.
  • Other Business Units: ₹ 1,00,00,000.
  • Mega Business Units: ₹ 2,00,00,000.

Eligibility Criteria

  • Must operate in Goa.
  • Annual Growth: >= 20% over 3 years.
  • Employee Head Count (Goans/Goan Graduates): >= 75%.
  • Female Employees: >= 60%.
  • 100% Goan employees must have professional certification.
  • Must have at least one quality certification.

Application Process

Online

  • Register on Goa Online portal and apply under IT Services.
  • Disbursement scrutinized within 30 days and approved within 60 days.

Documents Required

  • Incorporation and Registration documents.
  • IT Returns and Auditor verification of income/growth.
  • Employee details (Goan origin and gender stats).
  • Employee and Quality certifications.
  • Udyog Aadhaar.

Disclaimer

Hamara Neta is an independent, private application developed and maintained by HANSA AI TECHNOLOGIES. This app does NOT represent any government entity and is NOT affiliated with, endorsed by, or connected to any government body. Official government services should be accessed directly through their respective government portals.