- Ministry
of Finance
- Ministry
of Chemicals
- Ministry
of Commerce
- Ministry
of Science and Technology
- Ministry
of Heavy Industries
- Ministry
of Shipping, Road Transport and Highways
- Ministry
of Small Scale Industries
- Ministry
of Statistics and Programme Implementation
- Ministry
of Steel
- Ministry
of Environment
- Department
of Industrial Development
- Department
of Electronics
- Department
of Telecommunication
- Department
of Bio-Technology
- Department
of Food Processing
- Indian
Council of Agriculture Research
- Council
of Scientific & Industrial Research
- Indian
Council of Medical Research
- Defence
Research & Development Organisation
- Department
of Atomic Energy
- Department
of Space
Tax
holiday for ten consecutive assessment years beginning from initial assessment year companies,
whose sole object is The Scientific and Industrial Research
and Development , and who are approved after the 31st
day of March 2000.
Income tax exemption @ 200% to Donations made to approved Scientific and Industrial Research Organisations.
Accelerated
depreciation allowance for investment on plant
and machinery made on the basis of indigenous technology.
Customs
duty exemption to public funded R&D institutions
and privately funded scientific and industrial research
organisations, both for capital equipment and consumables
needed for R&D
Excise
duty exemption to duty exemption for 3 years on goods designed and developed by a
wholly owned Indian company and patented in any two countries
out of India , USA, Japan and any one country of European
Union
Exemption
from customs duty on imports made by industry
for R&D projects.
Exemption
from price Control of Drugs (Prices Control)
Order for drugs, which have been developed indigenously
or produced through a process, developed through indigenous
R&D.
Pharmaceutical
reference standards are allowed to be imported
duty free.
Goods
specified in List 28 (Comprising of analytical
and specialty equipment)for use in
pharmaceutical
and biotechnology sector are allowed to be imported duty
free meeting certain condition.
Supports in the form of Grants for industrial
R&D projects.
Support
in the form of loans/Grants for industrial
R&D. Support to industry for R & D through sector
specific programmes of scientific and economic
ministries.
Association of industry with the national
R&D programmes in area of Atomic Energy Space and
Defence research.
Promotion of technology transfer from
national laboratories and nationally funded R&D Programmers
to industry through public sector organisations.
Financial
support to meet the developmental expenditure for -
- R&D
Project for development of a new/improved product
- R&D
Project for development of a new/improved process
- R&D
Project for development of Capital Goods for Indian/Export
market
- R&D
Project for absorption of imported technology with know-how
studies
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