INTRODUCTION
SICOM Advisory Section has been closely working with Industries Department, Govt. of Maharashtra.
With its professional expertise, it is providing entrepreneurs with a range of advisory services as below;
- • Project appraisals under various Government schemes,
- • Financial due diligence,
- • Investment and transaction advisory,
- • Valuation of assets,
- • Handholding of investors, etc.
OUR SERVICES
- APPRAISALS UNDER THE PACKAGE SCHEME OF INCENTIVES POLICY
- • The best in class Policy of the Industries Department, Govt. of Maharashtra
- • Incentives offered upto 100% of the project cost depending upon the tax paid on sales
- • Subsidies in the form of Stamp Duty Exemption, GST refunds, Electricity Duty Exemption, etc.
- APPRAISALS UNDER THE STATE TEXTILE POLICY
- • The investor friendly Policy implemented online, offering subsidy up to 40% on new textile machinery purchased post 02nd December 2015 and meeting the TUFS eligibility criteria
- • Additional subsidy for backward regions
- • Civil costs incurred towards ETP construction included
- ASSISTANCE UNDER MAHARASHTRA INDUSTRIES, INVESTMENT & TRADE FACILITATION CELL (MAITRI)
- • MAITRI is a single window clearance system for industrial permissions, which also provides guidance for setting-up industry
- • Fast-track long pending industrial permissions
- • Grievance redressal forum under direct guidance of senior officers from Government Departments
- APPRAISALS UNDER THE CLUSTER (MS-ICDP) PROGRAM
- • Maharashtra State Industrial Cluster Development Program (MS-ICDP) of Industries Department, Govt. of Maharashtra to upgrade industrial clusters in backward regions of Maharashtra
- • Generate employment at grass root level with additional incentive for SC/ST and Women clusters
- • Capital subsidy up to 90% of Common Facility Centre (CFC) cost
- APPRAISALS UNDER THE TOURISM POLICY
- • Incentive in the form of GST exemption, luxury tax exemption, entertainment tax exemption, etc.
- • Licenses and Clearances to be renewed every 5 years instead of renewals on yearly basis
- • Special incentives for tourism zones and tourism districts
- • Fast-tracking of approvals
- GOVERNMENT ADVISORY ASSIGNMENTS
- • Facilitation for sale of assets
- • Transaction advisory support tendering/ bidding process
- • Valuation of assets, etc.
OUR CREDENTIALS
- • SICOM Advisory Section has appraised over 500 projects - Ultra Mega, Mega and Large projects as well as SME in diversified industrial segments across the State
- • It has facilitated investment to the tune of Rs.50,000 crore resulting in an employment generation of over 7,00,000 persons
- • This has contributed towards making Maharashtra the Numero Uno investment destination in the Country