PREFERENTIAL ALLOTMENT OF LAND :-

Preferential allotment of land will made for IT industry by Noida / Greater Noida, UPSODC / Development Authorities in the state.

EXEMPTION OF STAMP DUTY AND REGISTRATION FEES :-

I.T. units and call centres shall be given 100% exemption from payment of Stamp Duty and Registration fees.

UNINTERRUPTED POWER :-

Continuous and uninterrupted power supply for IT industries. Exemption from power cuts without limit.

CAPTIVE POWER GENERATION :-

Encouragement to captive power generation in IT locations. I.T. Units with % KVA power requirement can be set up anywhere irrespective of master plan or land use classifications.

SOCIAL INFRASTRUCURE LINKED IT LOCATIONS :-

Special efforts will be made to develop high quality social infrastructure like schools, housing, health and entertainment / leisure facilities with high standard of ambience in I.T. locations.

INCENTIVES TO MEGA INVESTMENT UNITS :-

Information Technology or Electronics units set up in the State with an investment of Rs. 50 crores or more shall be classified as Mega Investment Units. The Mega Investment units shall ---- -

I. be given Interest Free Loan for a period of 15 years upto the amount of the Sales / Trade Tax liability or 10 % of the total turnover of the unit, whichever is less,

II. be allocated Land on Priority,

III. be made available land at a rate which is at least 25 % lesser than the sector rate, by development authorities, Industrial Development Authorities, Avas Vikas Parishad ,

IV. be covered by the facility of MODVAT,

V. be allowed Interest Free Loan of 2.5% of Trade Tax Liability for goods under Form 3B which shall be finally adjusted against their final value of finished product / goods,

VI. be allowed CST 0.5% or at a lower rate as given by Gol,

VII. be given ser off from Trade Tax on all material required for manufacturing which shall include among others Raw materials, Processing materials, Machinery, Plant, Equipment, Consumable Stores, Spare parts, Accessories, Components, Sub assemblies Fuels, Lubricants, Packing materials etc.,

IX. be permitted to own tax liabilities of supplieres or contractors, dealers whose raw material is purchased and distributors of finished product / goods working for such industry,

X. The rate of tax on transfer of right to use goods/ products of I.T. industry (Software and Hardware) shall not exceed the maximum rate applicable on direct sale of such products / goods,

XI. be given, on a case to case basis on new units only, facility to pay taxes at the rates applicable at the date of incorporation of the industry for a fixed period of time, even if the rate of Tax is enhanced at a later date. However, if the rates are reduced the same shall be applicable to the I.T. industry,

XII. be permitted annual defeasement of taxes,

XIII. be given Single Window Clearance through a High Power Committee under the Chairmanship of the Chief Secretary of U.P.,

INCENTIVES TO INDUSTRY :-

A. Facilities given to new industrial units, if not specially mentioned to be for new units only, shall be made applicable to diversification and expansion of old existing units also.

B. The Business Process Outsourcing Agencies or call centres having employment of 100 or more employees shall be declared as admissible in the General Industrial Policy of U.P.

C. New I.T. Industry shall be permitted to lease / sell out their premises,

D. All incentives as given by the State to other industries in general and as revised from time to time shall be available to the I.T. and electronics units.

E. Under the New Industrial and Investment Policy, the first Information Technology or Electronic unit with an investment of Rs. 10 crores or more, established in any district shall be declared as a Pioneer Unit. Pioneer Units, under the State Industrial Investment Promotion Scheme Shall be given Interest Free Loans for a period of 15 years as envisaged earlier.

F. Under the New Industrial and Investment Policy, the Information Technology or Electronic units with an investment of Rs. 10 crores or more shall be given all benefits as available to IT/BT units in the General Industrial Policy.

G. Information Technology or Electronics units with an investment of more than Rs. 250 crores shall be provided special incentives on a case-to-case basis, after approval of the Cabinet.

H. Information Technology or Electronic units shall be allotted land on priority by Noida / Grater Noida, UPSIDC AND Development Authorities.

VENTURE CAPITAL FUND :-

Creation of Venture Capital Fund with State Government / PICUP / UPSIDC / Private Enterprises / SIDBI and others for I.T. industries.

KEY PERSON INSURANCE /SWEAT EQUITY :-

Key person insurance / sweat equity concept as developed by Government of India /RBI/ All India Financial Institutions/ Bank shall be recognised by the State level institutions as well.

QUALITY CERTIFICATION CENTERS :-

The state shall facilitate setting up of quality certification centers with the help of industry and academia for getting ISO 9000 and software engineering certification.

ESCORT SERVICES :-

Escort services will be provided for obtaining easy clearance and approvals from various government departments. Escort services to be provided by PICUP and Udyog Bandhu.

TRADE TAX CONCESSIONS :-

I. No trade tax on raw material used for exports.

II. Remaining facilities as per the State Govt’s policies.

III. Raw Material, Plant and Machinery purchased on Form 3B shall be made Tax Free. Fuel purchased on Form 3B shall be charged at the floor rate as decided by the empowered committee.

POWER TARIFF :-

I.T. units in Information Technology Parks and STPs will be charged the same power tariff as the SSI.

EXEMPTION FROM POLLUTION CONTROL PROVISIONS :-

Complete exemption to software industry from the provisions of Pollution Control Act both for air and water pollution.

EXEMPTION FROM ROUTINE INSPECTIONS :-

I.T. software and I.T. services companies, being constituents of the knwoledge industry shall be exempted from inspections by inspectors like those for Factory/ Boiler/ Excise/ Labour/ Pollution/ Environment etc.

FAR RELAXATION :-

50 percent more FAR to be allowed for I.T. units in earmarked areas/ Information I.T. parks and STPs .

PRIVATE STPs :-

Units situated in private sector STPs will be provided the same concessions as the government STPs.