Kerala IT Policy 2017 (Draft)

Department of Electronics & Information Technology

Govt. of Kerala
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3. Fiscal Incentives

3.1. Fiscal incentives are applicable to all eligible companies operating in Kerala other than those located within an SEZ

3.2. Fiscal incentives shall remain in force for a period of 5 years from the date of the policy.

3.3. Fiscal incentives for eligible companies will be as follows

3.3.1. Standard Investment Subsidy - 30% of Fixed Capital Investment subject to a limit of Rs. 15 lakhs for companies located in Thiruvananthapuram and Ernakulam

districts. For companies located outside the districts of Thiruvananthapuram and Ernakulam the applicable SIS will be 40% of Fixed Capital Investment subject to a limit of Rs. 25 lakhs.

3.3.2. Government will constitute a Technology Development Fund for the ICT industry in Kerala. Grant will be made available for R&D projects from this Fund, subject to the approval of the project by a committee constituted for the purpose. Such projects shall be made available to the public in suitable Free Software License.



Registration/Stamp Duty Concession Other Incentives

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