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Assam wants industry-specific tax exemptions for attracting investors

North East Industrial and Investment Promotion Policy, which provides exemptions to industrial units in the region, is set to expire in April 2017

Supratim Dey  |  Guwahati 

Taking into consideration the lack of industrialisation in the state, Assam has asked the Centre to provide “certain exemptions” in the tax structure to make the state investor-friendly. The state has also requested the Centre not to club Assam with other developed states while formulating economic policies. Chief minister Sarbananda Sonowal said the government would exploit the special provisions for Himalayan states under the Goods and Services Tax (GST) regime and ask the Centre to provide special concessions to the state for attracting private investments. Currently, ...

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Assam wants industry-specific tax exemptions for attracting investors

North East Industrial and Investment Promotion Policy, which provides exemptions to industrial units in the region, is set to expire in April 2017

North East Industrial and Investment Promotion Policy, which provides exemptions to industrial units in the region, is set to expire in April 2017 Taking into consideration the lack of industrialisation in the state, Assam has asked the Centre to provide “certain exemptions” in the tax structure to make the state investor-friendly. The state has also requested the Centre not to club Assam with other developed states while formulating economic policies. Chief minister Sarbananda Sonowal said the government would exploit the special provisions for Himalayan states under the Goods and Services Tax (GST) regime and ask the Centre to provide special concessions to the state for attracting private investments. Currently, ... image
Business Standard
177 22

Assam wants industry-specific tax exemptions for attracting investors

North East Industrial and Investment Promotion Policy, which provides exemptions to industrial units in the region, is set to expire in April 2017

Taking into consideration the lack of industrialisation in the state, Assam has asked the Centre to provide “certain exemptions” in the tax structure to make the state investor-friendly. The state has also requested the Centre not to club Assam with other developed states while formulating economic policies. Chief minister Sarbananda Sonowal said the government would exploit the special provisions for Himalayan states under the Goods and Services Tax (GST) regime and ask the Centre to provide special concessions to the state for attracting private investments. Currently, ...

image
Business Standard
177 22