Government Subsidy & Incentives Advisory Services
Government subsidy and incentive schemes can significantly reduce project costs and improve business viability. However, most businesses either miss out on eligible benefits or face rejections, delays, and repeated objections due to procedural complexity, unclear documentation requirements, and incorrect structuring.
A common problem is that businesses learn about incentives after making investments when key timelines, approvals, or documentation requirements are already missed.
At Karnani & Co., Chartered Accountants, we provide Government Subsidy & Incentives Advisory services with a focus on eligibility assessment, project structuring, documentation support, and compliance-based claim execution so that businesses can pursue incentives in a structured and defensible manner.
Why Subsidy & Incentive Claims Fail in Real Life
Most incentive schemes look attractive on paper, but the ground reality is different. Businesses often face:
Confusion about which scheme applies and what conditions must be met
Rejections due to incorrect interpretation of eligibility criteria
Delays because of missing approvals, wrong format documents, or incomplete submissions
Claims blocked due to mismatch between project reports, invoices, and statutory filings
Missed deadlines for application, inspection, or claim milestones
Lack of clarity on capital vs revenue subsidy, eligible costs, and calculation methods
Authority queries and objections that require structured, evidence-based replies
In many cases, businesses approach advisors only after receiving objections when correction becomes expensive and time-consuming.
What We Help You Achieve
Our goal is to help you pursue subsidy and incentive benefits with:
Clarity on what you are eligible for
Correct structuring of the project and documentation
Compliance alignment (GST, Income Tax, accounts, statutory registrations)
Defensible submissions that can withstand scrutiny and inspection
Reduced risk of rejection due to avoidable mistakes
We position this as a professional advisory and compliance service, not as a “guaranteed approval” promise.
Our Government Subsidy & Incentives Services
1️⃣ Eligibility Assessment & Scheme Identification
Identification of applicable Central and State Government schemes
Eligibility check based on activity, location, investment size, employment, etc.
Initial feasibility guidance on likely benefit type and claim process
2️⃣ Project Structuring & Documentation Planning
Structuring advisory to align project with scheme requirements
Guidance on approvals, registrations, and documentation timelines
Advisory on eligible components (plant & machinery, building, utilities, etc.)
Planning of documentation so that evidence remains consistent across filings
3️⃣ Application Support & Submission Readiness
Support in preparation/review of subsidy applications
Review of annexures, declarations, and supporting documents
Assistance in preparing project documentation such as:
investment proofs
invoices and payment evidence
statutory registrations
employment proofs (where applicable)
4️⃣ Claim Execution, Follow-ups & Authority Coordination
Assistance in responding to queries, objections, and clarifications
Support during inspections and verification stages
Follow-up support for milestone-based or reimbursement-based claims
Compliance support to ensure claim remains valid through the required period
5️⃣ Post-Approval Compliance & Risk Control
Many schemes require ongoing compliance after approval. We assist in:
Documentation for periodic reporting or audits (if required)
Compliance tracking to avoid clawback or cancellation risks
Guidance to maintain structured records for future verification
Who This Service is Best For
This advisory is ideal for:
Manufacturing and industrial units
MSMEs and growing businesses planning expansion
Businesses setting up new facilities, warehouses, units, or operations
Promoter-led businesses seeking structured financial planning
Entities looking for capital assistance, interest support, or reimbursement benefits
Why Choose Karnani & Co.
✔ Advisory-led approach with documentation discipline
✔ Focus on compliance alignment (accounts, GST, tax, statutory)
✔ Practical understanding of claim workflows and scrutiny expectations
✔ Structured support from eligibility stage to claim closure
✔ Clear communication on scope, timelines, and documentation needs
We aim to bring system and clarity to a process that is otherwise confusing and delay-prone.
Frequently Asked Questions (FAQs)
Are government subsidies guaranteed if I am eligible?
No. Subsidy approvals depend on scheme rules, documentation quality, authority verification, and compliance with timelines. We ensure your claim is prepared correctly and supported properly, but outcomes depend on the authority’s evaluation and scheme conditions.
When should I start subsidy planning before or after starting the project?
Ideally before making major investments. Many schemes have pre-conditions such as registrations, approvals, application timelines, or documentation requirements that must be met from the beginning.
What documents are typically required for subsidy or incentive claims?
Documentation varies by scheme, but commonly includes project details, registrations, invoices, payment proofs, statutory filings, and supporting evidence for investment and operations. A major reason for rejection is incomplete or inconsistent documentation.
Can you help if I have already started the project?
Yes. We can review the current status, identify gaps, and advise the best way forward. However, depending on the scheme, certain benefits may be limited if key requirements were missed at the start.
How long does the subsidy or incentive process take?
Timelines vary widely depending on the scheme, authority workflow, inspections, and query cycles. Some claims move quickly, while others require multiple follow-ups and clarifications. We help you plan realistically and maintain documentation discipline throughout.
How much will be our professional fees for subsidy and incentive consulting?
Fees depend on the scheme type, complexity of eligibility, stage of the assignment, documentation volume, and level of support required. After an initial review, we communicate the scope of work and fee structure transparently before proceeding.
Speak With a Chartered Accountant
If you are planning a project, expansion, or investment and want to explore government subsidies and incentives we recommend discussing the matter early so that the project can be structured correctly from day one.
📞 Contact us for a confidential discussion regarding subsidy eligibility and documentation planning.