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TMI BlogIndustrial ParksX X X X Extracts X X X X X X X X Extracts X X X X ..... Industrial Parks X X X X Extracts X X X X X X X X Extracts X X X X ..... Industrial Parks for claiming tax exemptions under Section 80 IA of Income Tax Act, 1962 during the period from 1-04-2005 to date. The Industrial Parks have been able to achieve their objectives. 23 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2 live approvals for Industrial Parks have been granted (from 1-04-1999 up to date) involving 17,200 industrial units with an investment of Rs.16,924 crore. 198 industrial parks have since commenced t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... heir operation. The Government of India (Department of Revenue) has introduced the revised Industrial Park Scheme, 2008 in January, 2008 to facilitate and incentivize setting up of Industrial Parks. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Government of India does not set up Industrial Parks on its own, rather it provides a ten year tax holiday to entrepreneurs who set up Industrial Parks under clause (iii) of sub-section (4) of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... section 80 IA of the Income-Tax Act, 1961 (43 of 1961). Some Industrial Parks have also been set up by State Government Undertakings. This information was given by Shri Ashwani Kumar, Minister of St ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ate for Industry, in a written reply in the Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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