Tax sops for units in software parks may be extended
September, 12th 2008
The government could extend the tax concessions available to units in software technology parks to 2011, communications minister A. Raja said here on Friday.
"The sunset clause for units in software parks will be extended by one year after discussions with the prime minister and the finance minister," Raja said in his address at Connect 2008, an information, communications and technology event organised by industry lobby Confederation of Indian Industry and the Tamil Nadu government.
The tax concessions for units in software parks, which were to have lapsed in 2009, has been extended by a year by the central government.
The industry is now clamouring for further extension.