- Maximum benefit
- Capital subsidy 10% of FCI up to ₹5 Crore, on top of IBDP 2026 incentives; overall cap 25% of FCI or ₹25 Crore (farm/home stays 10% or ₹5 Crore)
- Who can apply
- Micro, Small, Medium enterprises, for specific activities only
- Status
- Open
Is Punjab Tourism & Hospitality Policy 2026 open? Key facts at a glance
Punjab Tourism & Hospitality Policy 2026 (Punjab): Capital subsidy 10% of FCI up to ₹5 Crore, on top of IBDP 2026 incentives; overall cap 25% of FCI or ₹25 Crore (farm/home stays 10% or ₹5 Crore).
Last verified: 20 Oct 2026. How we check our information
| Status | Open |
|---|---|
| Level | Punjab State scheme |
| Type of benefit | Capital Subsidy + IBDP 2026 Incentives |
| Maximum benefit | Capital subsidy 10% of FCI up to ₹5 Crore, on top of IBDP 2026 incentives; overall cap 25% of FCI or ₹25 Crore (farm/home stays 10% or ₹5 Crore) |
| Project cost range | Minimum fixed capital investment by category (see eligibility) |
| Who can apply | Micro, Small, Medium enterprises (Service). Only for: Only for new hotels (25 rooms or more and FCI of at least ₹10 crore), multiplexes (3 screens, 500 seats), MICE venues, wellness resorts (10 acres, FCI ₹15 crore), amusement, theme, adventure or water parks (15 acres, FCI ₹20 crore), farm stays and home stays or B&Bs (up to 8 rooms, FCI of at least ₹5 crore as printed). Expansion of an existing unit is not eligible. |
| Implementing agency | Department of Industries & Commerce, Punjab (District Industries Centre) |
| Where to apply | FastTrack Punjab portal (Invest Punjab Business First) |
| Official notification | Read the notification (PDF) · notified 8 March 2026 |
| Last verified | 20 Oct 2026 · How we check |
What is Punjab Tourism & Hospitality Policy 2026?
Notified on 8 March 2026 with the other sectoral policies of IBDP 2026 (Punjab Govt. Gazette Extraordinary, notification No. PIU/IBDP-2026/Sectoral Policies/907, pages 1511–1513).
It applies to new hotels, farm stays, home stays, bed-and-breakfasts, multiplexes, MICE (meetings, incentives, conferences and exhibitions) venues, wellness resorts and amusement, theme, adventure or water parks; an existing unit expanding is not eligible (clause 5(i)–(ii)).
Minimum thresholds (clause 5(iii)): hotels at least 25 rooms and FCI of ₹10 crore; multiplexes at least 3 screens and 500 seats; MICE a convention hall for 300 people or an exhibition hall of 40 booths, with a 50-cover restaurant, parking for 50 cars and 5 coaches and rooms for 25 delegates; wellness resorts 10 acres and FCI of ₹15 crore; parks 15 acres and FCI of ₹20 crore; farm stays and home stays or B&Bs up to 8 rooms with a minimum FCI of ₹5 crore, as the gazette prints it.
In addition to the incentives under IBDP 2026, eligible units get a capital subsidy of up to 10% of FCI, capped at ₹5 crore, from the start of commercial operations (clause 6(i)); MICE venues also get 100% exemption from external development charges and change-of-land-use charges (6(ii)).
All incentives together are capped at 25% of FCI or ₹25 crore, whichever is lower, for hotels, multiplexes, MICE, wellness resorts and parks, and 10% of FCI or ₹5 crore for farm stays, home stays and B&Bs (clause 1). The eligibility period, annual ceiling and disbursement follow IBDP 2026 clauses 5.1.2 to 5.1.4.
Official notification (PDF) · notified 8 March 2026
What are the key benefits of Punjab Tourism & Hospitality Policy 2026?
- Capital subsidy of up to 10% of fixed capital investment, capped at ₹5 crore, from the start of commercial operations, in addition to IBDP 2026 incentives (clause 6(i)).
- MICE venues: 100% exemption from external development charges and from change-of-land-use charges (clause 6(ii)).
- Overall cap: 25% of FCI or ₹25 crore, whichever is lower, for hotels, multiplexes, MICE, wellness resorts and parks; 10% of FCI or ₹5 crore for farm stays, home stays and B&Bs (clause 1).
What could a unit get under Punjab Tourism & Hospitality Policy 2026?
The ceiling the scheme sets. What a particular unit receives depends on its project cost, location and the conditions on this page, so no rupee figure is worked out here.
Up to the scheme’s limits: Capital subsidy 10% of FCI up to ₹5 Crore, on top of IBDP 2026 incentives; overall cap 25% of FCI or ₹25 Crore (farm/home stays 10% or ₹5 Crore)
Illustrative only: this is the scheme’s maximum, not an estimate for your unit. Source: Punjab Tourism & Hospitality Policy 2026 — Punjab Govt. Gazette (Extra.), 8 March 2026 — Sectoral Policies notification No. PIU/IBDP-2026/Sectoral Policies/907, pages 1511–1513.
Who can apply for Punjab Tourism & Hospitality Policy 2026?
- New units only; an existing unit expanding is not eligible (clause 5(i)–(ii)).
- Hotels: 25 rooms or more and FCI of at least ₹10 crore. Multiplexes: at least 3 screens and 500 seats. MICE: a 300-seat convention hall or a 40-booth exhibition hall, a 50-cover restaurant, parking for 50 cars and 5 coaches, rooms for 25 delegates (clause 5(iii)).
- Wellness resorts: at least 10 acres and FCI of ₹15 crore. Amusement, theme, adventure or water parks: at least 15 acres and FCI of ₹20 crore. Farm stays and home stays or B&Bs: up to 8 rooms with a minimum FCI of ₹5 crore, as printed in the gazette.
Eligible business types
MSME categories covered
Eligible industries
How do I apply for Punjab Tourism & Hospitality Policy 2026?
- Apply as under IBDP 2026: file the Common Application Form (CAF) on the FastTrack Punjab portal, then, after commercial production or operations start, the Incentive Common Application Form (I-CAF) within three months of the end of that financial year, choosing the eligibility period once.
- The eligibility period, the annual ceiling and the yearly claims follow IBDP 2026 clauses 5.1.2 to 5.1.4 (claims on Form INC within twelve months of the end of each financial year).
Apply at: FastTrack Punjab portal (Invest Punjab Business First)
Which documents are needed for Punjab Tourism & Hospitality Policy 2026?
- CAF and I-CAF on FastTrack Punjab
- Detailed Project Report with the Fixed Capital Investment break-up
- Land documents (sale deed, or registered lease deed)
- Proof of rooms, screens, seats, halls or area meeting the category threshold
- Proof of the date of commencement of commercial operations
Can Punjab Tourism & Hospitality Policy 2026 be combined with other schemes?
This scheme can be combined with the following for higher total benefits:
Why are Punjab Tourism & Hospitality Policy 2026 applications rejected?
- Expansion of an existing unit (only new units qualify)
- Below the minimum rooms, seats, area or fixed capital investment for the category
- Incentives above the 25% of FCI or ₹25 crore cap (10% or ₹5 crore for farm and home stays)
Subsidy Setu's DPR preparation process addresses all common rejection points before filing.
Frequently asked questions about Punjab Tourism & Hospitality Policy 2026
- Is Punjab Tourism & Hospitality Policy 2026 open?
- Yes, it is open for applications. Status last verified: 20 Oct 2026.
- Who can apply for Punjab Tourism & Hospitality Policy 2026?
- Micro, Small, Medium enterprises (Service). Only for: Only for new hotels (25 rooms or more and FCI of at least ₹10 crore), multiplexes (3 screens, 500 seats), MICE venues, wellness resorts (10 acres, FCI ₹15 crore), amusement, theme, adventure or water parks (15 acres, FCI ₹20 crore), farm stays and home stays or B&Bs (up to 8 rooms, FCI of at least ₹5 crore as printed). Expansion of an existing unit is not eligible.
- What is the maximum benefit under Punjab Tourism & Hospitality Policy 2026?
- Capital subsidy 10% of FCI up to ₹5 Crore, on top of IBDP 2026 incentives; overall cap 25% of FCI or ₹25 Crore (farm/home stays 10% or ₹5 Crore).
- How do I apply for Punjab Tourism & Hospitality Policy 2026?
- 1. Apply as under IBDP 2026: file the Common Application Form (CAF) on the FastTrack Punjab portal, then, after commercial production or operations start, the Incentive Common Application Form (I-CAF) within three months of the end of that financial year, choosing the eligibility period once. 2. The eligibility period, the annual ceiling and the yearly claims follow IBDP 2026 clauses 5.1.2 to 5.1.4 (claims on Form INC within twelve months of the end of each financial year). Apply at: FastTrack Punjab portal (Invest Punjab Business First).
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