Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2010-03-05

Sharma to talk to FM for tax holiday for IT

Industry and commerce minister Anand Sharma on the sidelines of a conference said his ministry will talk to the finance ministry for extending the tax holiday scheme for STPI by another year beyond Ma

Industry and commerce minister Anand Sharma on the sidelines of a conference said his ministry will talk to the finance ministry for extending the tax holiday scheme for STPI by another year beyond March 2011. He also said that a National Manufacturing Policy to attract investments in manufacturing sector will be finalised by August this year.

 

Earlier, there was no mention of the STPI in Budget 2010 which had left the software companies disappointed, several of which are small and medium enterprises. IT industry body like Nasscom had also asked for the extension of STPI.

 

“We want to make India one of the factories of manufacturing industry in the world. Manufacturing sector holds the promises and new opportunities. We need something to fast trek the investments into this sector and the national manufacturing policy will make investments more attractive,” Sharma said. 

Related opportunities
  • Casual dine Restaurants
    About Us: Started in 2017, Runway1 is a unique Theme based..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 2 Cr. - 5 Cr
    Space required 13500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Furniture Works
    About Us: Stellar, a unit of Hi-Life Traders Pvt. Ltd, is..
    Locations looking for expansion West bengal
    Establishment year 1996
    Franchising Launch Date 2018
    Investment size Rs. 2lac - 5lac
    Space required 1400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Saltlake West bengal
  • Furniture/Home Decor & Furnishing
    About Us: Established in 1999, with a love for woodworking, Woodniture..
    Locations looking for expansion Delhi
    Establishment year 1999
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 500
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Quick Service Restaurants
    About Us: Little Chef is an ideal experience encompassing 15 years..
    Locations looking for expansion New Delhi
    Establishment year 2018
    Franchising Launch Date 2018
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Delhi New Delhi
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts