Question: What is Salary Subsidy Scheme?

Answer: and the scope of this scheme is to provide a Salary Subsidy to the eligible Information Technology

**Benefits:** under this scheme are subject to budgetary allocation. No Promissory Estoppel shall be applicable if benefits are discontinued in
case the allocation is exceeded.NOTE 2: The subsidy will be provided only for the Freshers recruited during the operation period of the
Policy. NOTE 3: The units will be subject to evaluation at the end of the Fiscal year to verify eligibility to continue receiving benefits
under the scheme.Eligibility1. All the new and existing units must have their operations in Goa.2. The applicant must be one of the
below:Proprietorship FirmPrivate Limited Company incorporated under the Companies Act, 2013 (or equivalent)Public Limited
Company incorporated under the Companies Act, 2013 (or equivalent)Registered Partnership Firm incorporated under the Indian
Partnership Act, 1932 (or equivalent)Limited Liability Partnership incorporated under the Limited Liability Partnership Act, 2008 (or
equivalent)3. The bank accounts of the unit and/or its partner(s)/director(s) should be linked to Aadhaar.4. The bank accounts of Freshers
should be linked to Aadhaar.5. The subsidy is valid for Freshers who have been employed for a minimum period of one year.6. For the
purpose of implementation of this incentive, individuals who have worked for more than two years before pursuing post-graduation are
not considered freshers. 7. In instances where the individual has less than two years of experience prior to the Post graduation, the
individual is considered as a fresher, however, the time duration for the individual is considered as a fresher is calculated on a prorate
basis.ExclusionsThe units availing similar financial incentives under any other policy of the Government of Goa are not eligible for
availing benefits under this scheme.Application ProcessOnlineStep 1: Visit the Official Web Portal of Goa Online. At the top right
corner, click "Register".Step 2: On the next page, verify your Email ID and Mobile Number using OTP. You will be redirected to the
Registration Page.Step 3: On the Registration Page, fill in all the mandatory fields of the registration form. Create a Login Name and a
strong Password. Carefully read the Declaration and the Terms & Conditions, and tick the checkboxes. Fill in the Captcha Code, and
click "Register/Signup".Step 4: Login to the website using your Login Name and Password. Fill in the Captcha Code, and click
"Login".Step 5: In the top ribbon, click on "Services", then click on "IT Services". Click on the name of the scheme. You will be taken
to the application form for the scheme. Fill in all the mandatory fields and upload all the mandatory documents.Step 6: Submit the
application. A unique registration number will be generated. Note this number for future reference.NOTE: The applicant can apply for
this scheme on a quarterly/bi-annually/annual basis after incurring the relevant expenditure. ï»¿Disbursement TimelineIncentive
Application Receipt: DApplication scrutiny as per checklist: D+30daysApplication approval by the Empowered Committee: D+60
daysIssue of Regret Letter/Sanction Orders and Disbursement: D+90 daysDocuments Required1. Copy of Incorporation Certificate2.
Copy of new unit registration document/certificate3. Copies of PAN, Aadhaar and GST TIN4. Memorandum and Articles of
Association5. Copy of first bill generated showing the date of commencement of operations or other relevant document6. Proof of
employment for the Freshers (copy of PF contribution or salary slip or other relevant document)7. Copies of Aadhaar cards of Freshers
being claimed under this subsidy8. Other relevant documents (if any)9. Udyog Aadhaar.Frequently Asked QuestionsCan you elaborate
on the prorate basis used for calculating the time duration of an individual as a fresher if they have less than two years of experience prior
to post-graduation under the eligibility criteria?The time duration for an individual with less than two years of experience before post-
graduation is considered on a prorate basis, taking into account the specific duration of employment within the stipulated period. How
does the scheme handle units that are availing similar financial incentives under other Government of Goa policies, and what
implications does this have on their eligibility for benefits under this specific scheme?Units currently availing similar financial incentives
under any other policy of the Government of Goa are ineligible for benefits under this scheme, ensuring a streamlined approach and
avoiding dual benefits for the same initiatives. Could you provide insights into the mechanism governing the subsidy's provision in cases
where the budgetary allocation is exceeded? Additionally, how does the concept of Promissory Estoppel apply, particularly in situations
where benefits might be discontinued due to budgetary constraints?The subsidy is subject to budgetary allocation, and in the event of
exceeding the allocated budget, no Promissory Estoppel shall be applicable, allowing for discontinuation of benefits without legal
obligation. How is the subsidy calculated as a matching grant to the salary paid to Freshers, especially considering the variation in
amounts specified for male and female Freshers?The subsidy is provided as a matching grant to the salary paid to Freshers, up to
â‚¹10,000 per Fresher per month (â‚¹12,500 for Female Freshers), ensuring a fair and gender-sensitive approach to the financial benefits.
Could you elaborate on the evaluation process conducted at the end of the fiscal year to verify the eligibility of units for continuing to
receive benefits under the scheme, and what criteria are considered during this evaluation?Units are subject to evaluation at the end of
the fiscal year to determine their eligibility for continuing to receive benefits under the scheme. The evaluation considers specific criteria
relevant to the scheme's objectives and operational guidelines. Where Can I Find The Link To The Scheme Guidelines?You can access
the comprehensive Scheme Guidelines, which provide intricate details and instructions, at the following web address:
https://www.goa.gov.in/wp-content/uploads/2020/08/ITPolicySchemes2018.pdf Where Can I Find The Link To The Official Gazette?
You can obtain the Official Gazette by visiting this specific webpage: https://ditc.goa.gov.in/sites/default/files/Target-Schemes.pdf
Where Can I Find The Link To The User Manual for Business Entity?You can obtain the Official Gazette by visiting this specific
webpage: https://services.goaonline.gov.in/Downloads/Organization/BusinessProfile_UserManual.pdf How can I track the status of
application?Please visit https://goaonline.gov.in/StatusTrack to know the status of your application. When was the scheme launched and
by which department?The scheme was launched in 2018 by the Department of Information Technology, Government of Goa. What are
the objectives of the Information Technology Policy of Goa?Goa's IT Policy envisages Goa as an aspirational geographical and human
resource base for IT Units and a preferred destination for their investment and expansion. Is it mandatory for the applicant units, both
new and existing, to have their operations in Goa?Yes, in order to be eligible to apply for this scheme, the New and Existing Units must
have their operations in Goa. Sources And ReferencesGuidelinesOfficial GazetteContact UsUser Manual For Business EntityTrack
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you have already initiated your application earlier.To know more please visit CancelApply NowGoaSalary Subsidy
SchemeCompanyEmployeeFresherGrantSalaryDetailsBenefitsEligibilityExclusionsApplication ProcessDocuments RequiredFrequently
Asked QuestionsLaunched in 2018, the "Salary Subsidy Scheme" is one of the "Information Technology Policy Schemes" by the
Department of Information Technology, Government of Goa. The objective and the scope of this scheme is to provide a Salary Subsidy
to the eligible Information Technology Units in the State of Goa. The subsidy would be provided as a matching grant to the salary paid to
Fresher up to â‚¹10,000 per Fresher per month. All the New and Existing Units having their operations in Goa are eligible. The scheme
has been framed as a part of Goa's IT Policy that envisages Goa as an aspirational geographical and human resource base for IT Units
and a preferred destination for their investment and expansion.OkWas this helpful?ShareNews and UpdatesNo new news and updates
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This is a Goa state government scheme.