Attractive Tax Holiday applicable from the date of commercial operations.
Exemption of Income Tax for expatriate professionals.
10 years Accelerated Depreciation permissible.
Exemption from Import Duties on machinery used for maintenance.
The Hi-Tech Park will be treated as Custom Bonded Area.
100% exemption of taxes on all Exports.
Full repatriation of Dividends, Profits & Capital permissible.
100% Equity is allowed for FDI Companies.
No cap on FDI limits.
Exemption from Import Duties for construction material/ equipment, software/ hardware and vehicles more than 1,800 cc.
Human Resources Training and Development will be undertaken for the industry in the Hi-Tech Park to get right–skilled manpower.