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Old September 13th, 2017, 01:57 PM
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Default MIDC IT & ITES

Hi I am interested in having the information about the IT & ITES policy of the Government of Maharashtra as well as the Directorate of Industries provides following incentives under Information Technology Policy?
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Old September 13th, 2017, 03:05 PM
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Default Re: MIDC IT & ITES

The Government of Maharashtra reported its first IT Policy in 1998. It was trailed by the Information Technology and Information Technology Enabled Services (IT/ITES) Policy-2003 and IT/ITES Policy-2009 to produce business, increment effectiveness and to enhance the personal satisfaction. The present IT/ITES Policy-2009 came into drive from 29th August 2009.

Eligibility and Terms and Conditions

Qualification of the Applicant

Associations setting up the private I.T. Stop can be Registered proprietorship/Partnership Firm/Private Limited Company/Public Limited Company/Co-agent Society or Trust.

The Institute lawfully in charge of administration of the Park, Promoter or Developer of the Park will be qualified for making Application for agreeing to the endorsed Criteria, Terms and Conditions for the I.T. Stop.

Criteria for various parameters for private I.T. Parks


Directorate of Industries gives following motivations under Information Technology Policy:

a) Fiscal Benefits

100% extra FSI should be made accessible to all enrolled IT-ITES units (counting Telecom fabricating units) in Public and Private IT-ITES Parks endorsed by the Directorate of Industries, with or without exact of premium

IT-ITES units secured under PSI will be exempted from installment of power obligation

IT-ITES units will be provided control at mechanical rates pertinent under MERC duty arrange

IT-ITES units (with the exception of IT equipment and Telecom Hardware Manufacturing Units) will be permitted in any zone (counting private, no-advancement, and so forth.)

100% stamp obligation exception to all enrolled IT-ITES units in C, D, D+, No Industry District ranges and low HDI locale according to the PSI 2007 and Public IT parks, in IT SEZs and in IT Hardware SEZs and Telecom Hardware Manufacturing SEZs in An and B zones as grouped in PSI 2007

75% stamp obligation exclusion to all IT-ITES units in private IT parks (counting IT equipment and Telecom Hardware Manufacturing) in An and B ranges

90% stamp obligation exclusion on merger, de-merger and reproduction of IT-ITES units

90 % stamp obligation exclusion to task leases of IT-ITES units under area 60 and leave and licenses of IT-ITES under segment 36 An of the Bombay stamp act 1958

Works contract assess on yearly support assentions charged at the base rates suggested by the Empowered Committee

IT-ITES units might be absolved from octroi/section charge or different cess or assessment demanded in lieu of these

Property charge should be collected on IT-ITES units at standard with private rates

VAT at a bargain of IT items will be charged by and large at the base floor rate prescribed by the concerned Empowered Committee at the Central Government level, notwithstanding exemptions

b) Industry-accommodating and strong condition

Unwinding in the Shops and Establishment Act concerning working hours, work movements and work of ladies.

Exception from keeping up physical records for participation and pay

IT-ITES units not releasing procedure gushing and with under 100 representatives will be exempted from acquiring assent from MPCB

Advancement of Focus Sectors: Special thoughtfulness regarding the improvement of extraordinary fields, for example, AVGC (Animation, Visual impacts, Gaming and Comics) in which the State has specific qualities

AVGC units will be qualified for every one of the advantages reached out to IT units in this Policy

Advancement of 'Green IT: To guarantee development in the IT segment in a naturally practical and mindful way

While securing IT items, Government will offer inclination to firms that have a communicated end-of-life item reclaim strategy and e-squander reusing forms

Advancement of Entrepreneurship and Innovation: To advance the foundation of Knowledge/Resource Centers and Incubation Centers over the state

half of the cost of documenting licenses will be repaid to smaller scale, little and medium IT units secured under the PSI, subject to a greatest of ₹ 5 lakh

Advancement of Brand Maharashtra: To position Maharashtra as a lucrative goal for IT venture

half of the consumption brought about for affirmation of CMM Level 2 upwards, IS0 27001 for security and COPC and eSCM confirmation, constrained to a most extreme of ₹ 5 lakhs, will be repaid to smaller scale and little scale IT units under PSI Scheme.
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