Project financing
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 August 2011
A doctor friend of mine is planning to set up his own nursing home/ hospital..
Are there any government subsidies or grants that he can use??
Are there any government subsidies or grants that he can use??
24 August 2011
More details required ..
1. if as a profession then you do not get any grant... you can enroll the establishment under MSME and submit subsidy claims for machinery and equipment and in a few states there are other direct and indirect benefits provided, like electricity concessions, PF adm. charge concession etc ...
2. if it is under the banner of any trust or society for charitable purpose you can avail grants as an NGO which requires some years of credible services history..
3. if you are setting up the hospital ( do not call it a nursing home as it reduces the scope a lot ) with wider object clause under the NGO banner with scopes like para medical training, nursing training etc than you are there to get some grants from the Govt. with prior approval, etc..
1. if as a profession then you do not get any grant... you can enroll the establishment under MSME and submit subsidy claims for machinery and equipment and in a few states there are other direct and indirect benefits provided, like electricity concessions, PF adm. charge concession etc ...
2. if it is under the banner of any trust or society for charitable purpose you can avail grants as an NGO which requires some years of credible services history..
3. if you are setting up the hospital ( do not call it a nursing home as it reduces the scope a lot ) with wider object clause under the NGO banner with scopes like para medical training, nursing training etc than you are there to get some grants from the Govt. with prior approval, etc..
24 August 2011
you can also appeal to collector of your city for land on reasonable rate..
24 August 2011
I agree with the experts
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Section 194JA & JB Income which ITR Form to use
- Pass word to open justification report for Q1 for FY 2026-27
- Under construction property in ITR
- Scrutiny and reopening of past returns
- PPF interest-As Exempt Income disclosure
- Gift of mutual fund units to daughter
- Not able to file ITR
- Building tax payment deduction in rental Income
- Reporting of STCG on Property in ITR
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
