J&K Turnover Incentive
By Industries & Commerce Department, Government of Jammu & Kashmir
Check your eligibility
Sign up and we'll tell you whether your startup qualifies for this grant.
Quick Answer
2-3% of annual turnover paid back to J&K industrial units for up to 5 years, capped at ₹10-50 lakh by size.
- Funding amount
- Up to ₹50L
- Funding type
- Subsidy
- Application deadline
- Rolling
- Location
- Jammu and Kashmir
About this subsidy
Under the Jammu and Kashmir Industrial Policy 2021-30, an industrial unit earns an incentive calculated on its turnover, payable for a maximum of 5 years:
- Micro enterprises — 3% of turnover, up to ₹10 lakh
- Small enterprises — 2% of turnover, up to ₹50 lakh
- Medium enterprises — 2% of turnover, up to ₹50 lakh
- Large enterprises — 2% of turnover, up to ₹50 lakh
Unlike the capex-linked items in the same policy, this one rewards trading activity rather than investment — it is the incentive that keeps paying once the plant is running. The micro slab carries the higher 3% rate but the lower ceiling.
Eligibility
See if you're eligible
Full eligibility criteria — entity type, stage, sector, founder profile and registration requirements — plus your fit for this program. Sign up to view.
Subsidy providers
Provider
Industries & Commerce Department, Government of Jammu & KashmirJammu · Jammu and Kashmir · India
The Industries & Commerce Department of the Government of Jammu & Kashmir is the Union Territory's department for industrial and commercial development. Its online front door is the J&K Single Window portal, where a business registers once, applies for departmental approvals and…
Learn moreBenefits & Funding
- Amount
- Up to ₹50L
What You Get
A turnover-linked incentive paid for up to 5 years: 3% of turnover for micro enterprises (up to ₹10 lakh) and 2% for small, medium and large enterprises (up to ₹50 lakh each). It is claimed annually against audited turnover, so it scales with how much the unit actually sells rather than what it invested.
- Disbursement
- Reimbursement
- Bootstrap friendly
- Yes
Timelines & Process
Applications
Rolling basis
Application Process
- 1
Compile turnover records
Assemble audited financials and returns evidencing the year's turnover.
You - 2
- 3
How to apply
Four steps from draft to disbursement — one action each.
- 1
See the questions before you start
Download every question this programme's application form asks, so you can prepare your answers offline before opening the portal.
- 2
Line up your documents
Keep every document from the checklist ready in one folder. Missing docs are the #1 reason applications get bounced.
- 3
Submit on the official portal
Use the official application link and verify all details before final submission.
- 4
Follow up
Reach out 5–7 days after submitting to confirm receipt and ask about the review timeline.
Frequently Asked Questions
How much does a micro enterprise get?
3% of turnover, subject to a ceiling of ₹10 lakh.
What about small, medium and large units?
2% of turnover each, subject to a ceiling of ₹50 lakh.
How long does the incentive run?
A maximum of 5 years.
Is it based on investment or sales?
Sales — the incentive is computed on the unit's turnover, not on its capital expenditure.
Sources
Data on this page is compiled from official program and provider references.
