A Smart Gateway to India…You’ll love it!
WelcomeNRI.com is being viewed in 124 Countries as of NOW.

WelcomeNRI.com is being viewed in 124 Countries as of NOW.

Why Needs of STPs

  • Single Window clearance and approval.
  • Income Tax holiday as per Sec. 10A of the IT Act.
  • Customs Duty Exemption in full on imports.
  • Central Excise Duty Exemption in full on indigenous procurement.
  • Central Sales Tax Reimbursement on indigenous purchase.
  • All relevant equipment / goods including second hand equipment can be imported (except prohibited items).
  • Equipment can also be imported on loan basis / lease
  • High Speed Data Communication Link provided for the export of software.
  • No separate Import/Export license required.
  • Green Card enabling priority treatment for Government clearances/other services.
  • 100% foreign equity investment in the companies permissible.
  • Sales in the DTA up to 50% of the FOB value of exports permissible.
  • Use of computer imported for training permissible subject to certain conditions.
  • Depreciation on computers at accelerated rates up to 100% over 5 years is permissible.
  • Computers can be donated after two years of use to recognized non-commercial Educational Institutions/Hospitals without payment of duty.
A Smart Gateway to India…You’ll love it!

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