|
| Policy Parameters |
Manufacturing Sector |
Non -Manufacturing Sectors |
|
|
Agriculture |
Infrastructure & Social |
Services including IT & Telecom Services |
| Govt. Permission |
Not required except 4 specified industries * |
Not required except specific licenses from concerned agencies. |
| Remittance of capital, profits, dividends, etc. |
Allowed |
Allowed |
| Upper Limit of foreign equity allowed |
100% |
100%** |
100% |
100% |
| Customs duty on import of PME |
5% |
0% |
5% |
0-5% |
| Tax relief (IDA, % of PME cost) |
25% |
25% |
| Royalty & Technical Fee |
No restriction for payment of royalty & technical fee. |
Allowed as per guidelines – Initial lump-sum upto $100,000 – Max Rate 5% of net sales – Initial period 5 years |
Specified Industries:
Arms and ammunitions
High Explosives.
Radioactive substances
Security Printing, Currency and Mint.
No new unit for the manufacturing of alcohol, except, industrial alcohol ** Only for CAF
(Corporate Agriculture Farming)
PME= Plant, Machinery and Equipment
IDA= Initial Depreciation Allowance |
