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India By State - Bihar - Taxation & Legalities




Taxation & Legalities

Policies & Incentives

Industrial policy

Promote industries specifically identified as thrust areas - Pharmaceuticals, Drugs and Biotech Industries, Food Processing and Agro-based Industries, IT and IT-enabled services, Eco Tourism/Heritage Tourism/Adventure Tourism/Event Tourism/Medical Tourism and Entertainment Industry

  • Single Window Clearance systems in place Infrastructure Development Enabling Act 2006 for development of infrastructure through private participation
  • Enhancement of the competitiveness of industrial units through pre-production and post-production incentives
  • Incentives to Agro-based industries
  • Provision of self-certification to simplify the inspection of factories
  • Establishment of Land Bank to meet the requirements of industries and development schemes
  • To develop handicraft, handloom, khadi, silk and village industries
  • Special incentives for investment in education e.g. subsidy on land and its registration, subsidized infrastructure support etc

Agricultural Policy

Testing laboratories are to be established in Bihar to give each district its own seed-testing laboratory. Micro-Nutrient testing laboratories have been established in three districts of the state. Bihar State Seed Corporation has been revived, and seed production has been started on 45 State agricultural farms. A Farmers' Commission and Land Reforms Commission have been established.

Sugar policy

  • Incentive package includes re-imbursement of Central Excise Duty on sugar for 5 years
  • To exempt purchase tax on sugarcane for five crushing years
  • To exempt stamp duty and registration fees for land transfer

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Doing Business in Bihar

Business Opportunities

Bihar has been improving economically over the last few years with improvements being made in the secondary and tertiary sectors. Evidence of this is the increase in the percentage of the GSDP that the secondary sector accounts for having increased by 7.6%. On the other hand the primary sector, which used to account for 39.7%, now only accounts for 34.7% of the GSDP.

Bihar is ideally placed to capitalise on food processing opportunities given its factor advantages - it grows over 10% of India's output of fruit and vegetables. Although processed fruits and vegetables currently contribute just 1% to India's output. It is the leading producer of Litchi's, honey and Makhana as well as being the fourth largest producer of Mangoes. The Tea and Dairy market have also shown a lot of promise over the past few years and have been identified as being a market with a lot of potential.

There has been key initiative headed by the government to promote industries they indentified as 'thrust' industries such as Pharmaceuticals, Drugs, and Biotech Industries.

The power sector is the main area of investment with a share of 67% of the total investment. However outstanding investment in the mining and manufacturing sectors surged by 263% and 300% in the last year.

Obtaining approvals

List of approvals and clearances required

Departments to be consulted

Estimated time taken (days)

Incorporation of company Registrar of companies N/A
Registration, IEM, Industrial licenses Nodal Agency (Industries and Department) N/A
Allotment of land Bihar Industrial Land Development Authority 7 to 21 days (up to 90 days for acquisition of non industrial land)
Permission for land use Revenue and land reforms department 30 days (45 days for conversion of non-industrial land use)
Registration under Factories Act and Boilers Act Offices of Inspector of factories, Inspector of boilers Up to 120 days
Site environmental approval, NOC and consent under water and pollution control acts State pollution control board and ministry of Environment and forests. 60 days
Approval of construction activity and building plan Town and country planning authority 7 days
Sanction of power State electricity board Up to 30 days
Sanction of water Water resources department Up to 30 days
Fire service clearance State fire service headquarters Up to 15 days
Registration under states sales tax and central and excise Act Sales tax department, central and state Excise department 7 days

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More Information on Bihar

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