Haryana government introduced industrial policy for taking forward IT companies in Haryana. Major motto of Policy was to retain leadership in sector of IT/ ITES in India. For promoting IT / ITES Companies government started providing subsidy benefit to companies. IT companies have major cost component is Electivity. Companies have huge usage due to Laptops, Servers, UPS etc. Government provided subsidy where cost of electricity bill goes down by appx. 40 to 50% each month.
For Example : â€“ ABC Ltd having business operation as BPO. Companies monthly electricity units consumption is appx. 7000 units. Company pays electricity bill per month appx Rs. 92000/-. After IT /ITES Subsidy company can reduce electricity bill by Rs. 26000/- Appx Per month. Annual saving of Rs. 3.12 Lac.
Haryana's Information Technology/InformationTechnology Enabled Services Policy (IT / ITES) -2015 lays down companies eligible for subsidy benefit. In policy government defined which companies include as Information Technology industry. Following IT Software , IT Hardware & IT Enabled Services (ITES) will be eligible for benefit Subsidy.
Benefit of Software IT /ITES Companies Subsidy is not applicable to every company. Policy lays down conditions for applying IT / ITES subsidy. Major eligblity factor is company must have working location in Haryana. Further Eligiblity Cirteria as below
As Vals & Co. is having business operation in Haryana and companies operation fall under definition of IT / ITES hence eligible for subsidy.
Vals & Co. operation fall under definition of IT / ITES hence eligible for subsidy irrespective of office premises is owned or rented/ leased.
Change of tariff of Electricity may benefit saving of around 40-50%.
Call us at: +91-9999331175 or Email us:
Send us an email and we'll get in touch shortly, or phone between 10 AM and 07:PM Monday to Saturday - we would be delighted to speak.
Monday to Friday
10 AM to 8 PM