Department of Electronics & Information Technology
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 Ernakulamdistricts. 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.