Tax podcast – State incentives

Incentive insights: Decoding state incentives in Gujarat

In the third episode of our podcast series on incentive policies, we explore the exciting world of incentives available in Gujarat. A state known for investment-friendly policies and opportunities. Join our host Pankaj Surana, Tax Director at EY India, as he sits down with Bhavesh Thakkar, Indirect Tax Partner at EY India, to decode Gujarat's incentive landscape. From manufacturing to services, we explore key policies, sector-specific benefits, and the roadmap for businesses eyeing Gujarat's vibrant market. 

Related topics Tax Tax compliance Tax accounting Tax controversy

In conversation with:

Bhavesh Thakkar

Bhavesh Thakkar
EY India Tax and Regulatory Services Partner

Key takeaways

  • Gujarat offers diverse incentives, from interest subsidies to tax refunds, attracting investments across sectors like manufacturing and services.
  • Sector-specific policies such as the Electronics and IT/ITeS policies offer tailored benefits, enhancing Gujarat's attractiveness for investors.
  • To gain maximum benefit from the incentives, organizations must meet the prescribed conditions and file applications on time. 
Gujarat's incentive policies reflect a strategic approach to fostering growth, offering tailored benefits and signaling the state's commitment to investor success.
Bhavesh Thakkar
EY India Tax and Regulatory Services Partner

For your convenience, a full text transcript of this podcast is available on the link below: Read the transcript

If you would like to listen to our podcasts on the go:

Amazon music for Podcasters Spotify SoundCloud YouTube Music

Podcast

Duration 09m 51s

Subscribe

How EY can help

Tax policy

With global tax policy in flux, planning for potential changes in each jurisdiction becomes even more important for multinationals.

Read more
Digital tax strategy

EY’s broad approach to digital tax strategy, covering digital tax effectiveness, digital tax administration, tax technology and tax big data, helps you identify your tax function’s immediate challenges and develop an enhanced operating model strategy fit for the transformative age.

Read more
Tax technology and data

Technology defines and underpins the workings of the new digital tax function, making it possible to answer the mandates of the global digital economy. Managing tax big data enables efficient compliance and provides insights that facilitate strategic business decisions.

Read more

In this series

(Event List - Manual)

Incentives by States to bolster the growth of the tourism sector

In the second episode of our ‘ States incentives’ series, we explore the diverse landscape of incentives offered by different states for the tourism sector, including capital subsidies and tax reimbursements available. In this podcast, we also shed light on the eligibility criteria and the application process to avail such benefits.
Podcast
Duration
08m 52s

Presenters

Full details

Incentive insights: Maharashtra IT/ITES Policy and its impact on investment

In the inaugural episode of our ‘India state incentives’ series on EY India Insights podcast, we examine the revamped Maharashtra IT/ITES Policy 2023, exploring the impact it is likely to have on companies and investment opportunities in the IT sector in the state. Bhavesh Thakkar, Partner at EY India's Tax and Regulatory Services shares insights on the policy's coverage, eligibility criteria for incentives, and its unique approach toward incentivizing investments in emerging technologies. Join us as we take a comprehensive look at the various incentives that make Maharashtra an attractive destination for IT and ITES companies.
Podcast
Duration
12m 09s

Presenters

Full details