Cost of project:
1.)Machine: 16,00,000
2.)shed: 3,00,000
3.)Weighing machine:3,00,000
Source of Funds
I have a existing business with 70,00,000 turnover so I can manage the fund by my own.we are upgrading the machine in existing business
Msme subsidy is been taken from MAdhya Pradesh msme promotional scheme 2021. Where I will get 40% subsidy of cost of the project.
So my question is whether I can take subsidy without taking Loan.?
CAclubindia
