STPI (Urgent)
This query is : Resolved
11 April 2011
Sir,
we are 100%EOU register in STPI.
We are register in STPI for the exemption in Income Tax but in the Budget 2011 this exemption will not be applicable for the F.Y. 2011-12.
When this exemption will not be applicable then can we leave from STPI??
we are 100%EOU register in STPI.
We are register in STPI for the exemption in Income Tax but in the Budget 2011 this exemption will not be applicable for the F.Y. 2011-12.
When this exemption will not be applicable then can we leave from STPI??
RAMESH KUMAR VERMA
(Expert)
15 April 2011
The Software Technology Park (STP) scheme is for providing facilities to IT industry for undertaking software development and IT enabled services for 100% exports using data communication links in the form of physical exports including export of professional services. Individual units can also be allowed to do business in the domestic (Indian) market up to 50% of the exports.
STP units can also undertake commercial training. STP units also regulate the IT business through licensing, acting as a link between the customer and Government authorities and agencies. Under the scheme, IT industries are provided certain concession in duties, levies and taxes.
In this regards, contact them :-
Electronics Niketan, 6, CGO Complex, Lodhi Road, New Delhi. 110003, India
Phone: +91-11-24362811 / 3187/ 4034Fax: +91-11-24363436, 24364336
STP units can also undertake commercial training. STP units also regulate the IT business through licensing, acting as a link between the customer and Government authorities and agencies. Under the scheme, IT industries are provided certain concession in duties, levies and taxes.
In this regards, contact them :-
Electronics Niketan, 6, CGO Complex, Lodhi Road, New Delhi. 110003, India
Phone: +91-11-24362811 / 3187/ 4034Fax: +91-11-24363436, 24364336
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