Tourism Subsidy
Contact
Get In Touch
Tourism Subsidy
At SME Care, we help structure Hotel, Resort and Tourism Projects with a strategic subsidy-focused approach so that businesses can avail the highest possible benefits under Tourism Policies and Government Incentive Schemes through expert planning, documentation and execution support.
Our team supports clients through a structured process by:
Subsidies We Handle:
Maharashtra Tourism Policy 2024
| Point | Details |
|---|---|
|
Eligibility |
Covers hotels, resorts, homestays, agro/rural/eco tourism, restaurants, wayside amenities, MICE, wellness centres, adventure tourism, caravan parks, heritage tourism and other approved tourism projects in Maharashtra can apply, subject to registration with the Directorate of Tourism & fulfilment of policy conditions. |
|
Quantum of Incentive |
Benefits include capital Subsidy upto 25% of Eligible Fixed Capital Investment (Excluding Land)
Upto 100% of Net SGST reimbursement, electricity duty exemption, electricity tariff refund, interest subvention, stamp duty exemption and other tourism-linked incentives. |
|
Method of Availing |
Benefits are availed through tourism registration, eligibility certificate application, investment documentation, claim filing, departmental follow-up and approval by the Directorate of Tourism. |
|
Maximum Limit |
Maximum benefit depends on eligible capital investment, project category, location classification, eligibility period and policy-specific monetary caps. |
Madhya Pradesh Tourism Policy 2025
| Point | Details |
|---|---|
|
Eligibility |
All new and eligible Tourism Projects in Madhya Pradesh, including Hotels/Resorts/Heritage Hotels, Wellness Resorts, Convention Centres/MICE, Film/Theme/Aquarium projects, Adventure/Water Sports, Way-side Amenities, Ropeways, Sea Plane/Aero Sports and Tourism Infrastructure, subject to category-wise minimum investment, room-count and approval conditions. |
|
Location |
Anywhere in Madhya Pradesh, with special/higher support for Wildlife/Forest areas, Remote/New/Inaccessible tourism areas, and projects developed on Tourism Department assets/PPP/lease basis. |
|
Quantum of Incentive |
Capital subsidy generally at 15% of approved capital investment with category-wise caps up to ₹10 Cr; special categories include Wildlife/Forest projects at 20%, Tourism Department lease/PPP infrastructure and Sea Plane/Aero Sports at 25%, Ropeways at 40%, plus additional 5% support for Remote areas and SC/ST/Women/Disabled entrepreneurs. Large/Mega/Ultra-Mega Tourism Projects may opt for IPA of 30% with caps of ₹15 Cr/₹30 Cr/₹90 Cr. |
|
Method of Availing |
Receivable mainly as Capital Subsidy or IPA after project approval and commencement of operation; IPA and Capital Subsidy are mutually exclusive. Other support includes 100% Stamp Duty & Registration reimbursement, Responsible Tourism/Certification and Pollution-Control assistance, Adventure Tourism grant, and Land/Asset allotment benefits. Claims/operations must comply with policy timelines, annual self-declaration and other relevant conditions. |
Related FAQs:
What are Tourism Subsidies?
Tourism Subsidies are Government incentives provided to eligible tourism and hospitality projects under the Maharashtra Tourism Policy 2024.
Which projects can avail Tourism Subsidies?
Eligible projects may include Hotels, Resorts, Motels, Eco-Tourism, Wellness Tourism, Adventure Tourism, Heritage Hotels and other tourism infrastructure projects, subject to policy conditions.
Can new tourism projects avail subsidy?
Yes. New eligible tourism projects in Maharashtra can avail subsidy benefits under Maharashtra Tourism Policy 2024.
Are expansion projects also eligible?
Yes, expansion or modernization projects may be eligible, subject to policy provisions and prescribed investment criteria.
What type of benefits are available?
Benefits may include Capital Subsidy, Interest Subsidy, Stamp Duty Exemption, Electricity Duty benefits, SGST-related incentives and other eligible benefits as per policy.
Does project location affect subsidy?
Yes. Subsidy eligibility and quantum may depend on project location, category, investment size and applicable tourism zone/classification.
What documents are generally required?
Project report, investment proofs, land/building documents, loan sanction papers, approvals, CA certificates, bills, invoices and tourism registration documents may be required.
How does SME Care help?
SME Care supports clients in eligibility assessment, project structuring, documentation, application filing, departmental coordination and follow-up till sanction and disbursement.
Why choose SME Care?
SME Care helps structure tourism projects with a subsidy-focused approach to maximize eligible benefits under Maharashtra Tourism Policy 2024.