The Government of Goa on 3rd November 2022, notified the Salary Reimbursement Scheme, which shall be applicable to all the start-ups certified by the Start-up IT Promotion Cell (SITPC) having a valid start-up certificate number. For availing the benefit, the employee/s whose salary is being claimed for reimbursement must be a professional/s.
For start-ups hiring local talent, 50% of the salary of fresher will be reimbursed, subject to a cap of INR 15,000 per month per recruit. A start-up can claim salary of maximum 25 people per month for a period of 3 years. This benefit can be availed by 100 start-ups each year which shall be selected by the SITPC as per its guidelines.
For start-ups whose work force comprises of 60% of locals, up to 25% of salary of the local work force subject to cap of INR 25 lakh per year will be reimbursed for 3 years. A start-up can claim salary of maximum 25 people. This benefit can be availed by 100 start-ups each year which shall be selected by the SITPC as per its guidelines.
The applicant can apply for this scheme at any time of the financial year after incurring the relevant expenditure and can avail the benefits of this scheme bi-annually/annually.
