{"id":258039,"date":"2021-12-03T09:30:38","date_gmt":"2021-12-03T04:00:38","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=258039"},"modified":"2021-12-03T09:02:07","modified_gmt":"2021-12-03T03:32:07","slug":"government-extends-sip-scheme-for-5-years-till-2025-26","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/12\/03\/government-extends-sip-scheme-for-5-years-till-2025-26\/","title":{"rendered":"Government extends SIP Scheme for 5 years till 2025-26"},"content":{"rendered":"<p style=\"text-align: justify;\">The Department for Promotion of Industry and Internal Trade has notified for continuation of the Scheme for Investment Promotion (SIP), a Central Sector scheme, for the duration of five years (i.e., FY 2021- 22 to 2025-26) vide notification dated November 29, 2021. The scheme comprises of a number of components and activities for promotion of investment into the country with a financial outlay of INR 970 crores.<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\">The continuation of the \u201cScheme for Investment Promotion (SIP)\u201d has been extended from FY 2021-22 to 2025-26 with the following components:<\/p>\n<ul>\n<li style=\"text-align: justify;\">Investor targeting &amp; facilitation \u2013 Domestic &amp; International activities<\/li>\n<li style=\"text-align: justify;\">Investment promotion \u2013 Amplification &amp; outreach activities<\/li>\n<li style=\"text-align: justify;\">Project management activities<\/li>\n<li style=\"text-align: justify;\">Foreign Travel.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<hr \/>\n<h4><span style=\"color: #000080;\">*Tanvi Singh, Editorial Assistant has reported this brief.<\/span><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>The Department for Promotion of Industry and Internal Trade has notified for continuation of the Scheme for Investment Promotion (SIP), a Central <\/p>\n","protected":false},"author":121,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[],"class_list":["post-258039","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Government extends SIP Scheme for 5 years till 2025-26 | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2021\/12\/03\/government-extends-sip-scheme-for-5-years-till-2025-26\/\" \/>\n<meta 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crore.\u00a0 \u00a0 The\u00a0Investments\u00a0made\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-83.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-83.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-83.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-83.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/10\/MicrosoftTeams-image-83.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":245466,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/03\/12\/india-cabinet-approves-pli-scheme-for-pharmaceuticals\/","url_meta":{"origin":258039,"position":1},"title":"India | Cabinet approves PLI Scheme for Pharmaceuticals","author":"Prachi Bhardwaj","date":"March 12, 2021","format":false,"excerpt":"The Ministry of Chemicals and Fertilizers have notified Production Linked Incentive Scheme (PLI) for Pharmaceuticals on 3rd March, 2021[1]. Indian pharmaceutical industry is the 3rd largest in the world by volume and is USD 40 billion in terms of value. The country contributes 3.5% of total drugs and medicines exported\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-4.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-4.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-4.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-4.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/03\/MicrosoftTeams-image-4.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":251897,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/29\/cabinet-approves-pli-scheme-for-specialty-steel-incentives-worth-inr-6322-crores\/","url_meta":{"origin":258039,"position":2},"title":"Cabinet approves PLI Scheme for Specialty Steel, incentives worth INR 6,322 crores","author":"Prachi Bhardwaj","date":"July 29, 2021","format":false,"excerpt":"The Union Cabinet has approved the PLI Scheme for Specialty Steel on July 22, 2021. \u00a0 The key takeaways are as follows: Duration of the scheme would be 5 years commencing from FY 2023-2024 to FY 2027-2028. Products are covered under 5 categories -- Coated\/Plated Steel Products, High Strength\/Wear resistant\u2026","rel":"","context":"In &quot;Cabinet Decisions&quot;","block_context":{"text":"Cabinet Decisions","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/cabinet_decisions\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2015\/11\/Press-Information-Bureau.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":254308,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/09\/17\/government-approves-pli-scheme-for-drones-and-drone-components\/","url_meta":{"origin":258039,"position":3},"title":"Government approves PLI Scheme for drones and drone components","author":"Bhumika Indulia","date":"September 17, 2021","format":false,"excerpt":"On September 15, 2021, the Ministry of Civil Aviation has issued approval of the Production-Linked Incentive (PLI) scheme for drones and drone components. The PLI scheme and new drone rules are intended to catalyse super-normal growth in the upcoming drone sector. Key features: Total amount allocated for the PLI scheme\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":251558,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/07\/21\/rajasthan-government-exempts-registration-fee-under-ssip-scheme-2021\/","url_meta":{"origin":258039,"position":4},"title":"Rajasthan Government exempts registration fee under SSIP scheme 2021","author":"Bhumika Indulia","date":"July 21, 2021","format":false,"excerpt":"On July 19, 2021, the Finance Department of Rajasthan has issued a notification on exemption of the registration fees chargeable on the instrument of sale, lease or gift of immovable property executed in favour of a Non-Profit Institution as defined and identified eligible for benefits under the provisions of the\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/06\/Government-of-Rajasthan.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":269806,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/07\/08\/cbic-extends-waiver-of-late-fee-for-delay-in-filing-form-gstr-4-for-fy-2021-22\/","url_meta":{"origin":258039,"position":5},"title":"CBIC extends waiver of late fee for delay in filing Form GSTR-4 for FY 2021-22","author":"Bhumika Indulia","date":"July 8, 2022","format":false,"excerpt":"On 05-07-2022, the Central Board of Indirect Taxes and Customs has waived the late fee for delay in furnishing Form GSTR-4 for the period for the FY 2021-22 till 28-07-2022. GSTR-4 is filed annually by the taxpayers registered under the composition scheme. Unlike a normal taxpayer who needs to furnish\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"CBIC","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-122.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/258039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/121"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=258039"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/258039\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=258039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=258039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=258039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}