The number of employees is based on those on the rolls for more than 12 months during the year. In case of expansion, new employees should be on the rolls for at least one year before the application date.

Units need to demonstrate an annual growth of at least 20% for a period of three years to qualify for the special incentive allowance.

To meet the eligibility criteria, units should have at least 75% of the total employees as Goans or Goan Graduates.

Units need to have a minimum of 60% female employees to meet the eligibility criteria for the incentive allowance.

Units will be subject to evaluation at the end of each Fiscal Year to verify their eligibility for continuing to receive the subsidy under this scheme.

Smaller Business Units receive ₹50,00,000 as a special incentive allowance at the end of every three-year period.

Other Business Units receive ₹1,00,00,000 as a special incentive allowance at the end of every three-year period.

Mega Business Units receive ₹2,00,00,000 as a special incentive allowance at the end of every three-year period.

Yes, the benefits under this scheme are subject to budgetary allocation, and no Promissory Estoppel is applicable if benefits are discontinued due to exceeding the allocation.

Only expenditures incurred during the operation of the policy will be considered for the incentive allowance.

You can access the comprehensive Scheme Guidelines, which provide intricate details and instructions, at the following web address: https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf