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The two major export promotion schemes launched under the Ministry of Electronics and
Information Technology are: 1) Software Technology Parks (STPs): STP of India was set up as an
autonomous body in 1991. Some of the benefits offered are: a) Customs duty exemption b)
Accelerated depreciation c) 100% FDI permitted through automatic rout...
Wazzeer Professional Network
ProfessionalWhat are the Export Promotion Schemes offered by the Ministry of Technology and Information Technology (MeITY)?
-
Wazzeer Professional Network
ProfessionalThe two major export promotion schemes launched under the Ministry of Electronics and
Information Technology are: 1) Software Technology Parks (STPs): STP of India was set up as an
autonomous body in 1991. Some of the benefits offered are: a) Customs duty exemption b)
Accelerated depreciation c) 100% FDI permitted through automatic route. 2) Special Economic
Zone (SEZ): They were set up with an objective of providing an international competitiveness. Some
of the benefits are: a) 100% income tax exemption on export income b) Duty free import. Please
note that SEZ are for multiple sectors and these benefits extend to sectors other than IT BPM11 months ago
View answer
What are the Export Promotion Schemes offered by the Ministry of Technology and Information Technology (MeITY)?
-
Wazzeer Professional Network
ProfessionalThe two major export promotion schemes launched under the Ministry of Electronics and
Information Technology are: 1) Software Technology Parks (STPs): STP of India was set up as an
autonomous body in 1991. Some of the benefits offered are: a) Customs duty exemption b)
Accelerated depreciation c) 100% FDI permitted through automatic route. 2) Special Economic
Zone (SEZ): They were set up with an objective of providing an international competitiveness. Some
of the benefits are: a) 100% income tax exemption on export income b) Duty free import. Please
note that SEZ are for multiple sectors and these benefits extend to sectors other than IT BPM11 months ago
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