The Government has been supporting the IT and ITeS sector in many ways including support for development of state of the art infrastructure.
RandD Services
The Government has taken many measures to encourage RandD like enhancing the weighted deduction on expenditure incurred on in house RandD from 150% to 200% for the manufacturing business and from 125% to 175% for payments made to national laboratories, research associations, colleges, universities, and other institutions for scientific research, and allowing a 125% weighted deduction for approved associations engaged in research in social sciences or statistical research, besides exemptions in the income from approved research associations in the Budget 2010 11.
China 43:
REPORT BY INDIA: Paragraph 66
"India has put in place a policy for developing special economic zones (SEZs), with the main objectives of development of infrastructure facilities, generation of additional economic activity, promotion of exports of goods and services, promotion of investment from domestic and foreign sources and creation of employment opportunities."
Question 43: Please explain in more detail the policy for SEZs.
