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Jun 16, 2017· • Profits of companies producing specified metals are given tax concession under the Income Tax Act • Low custom duty on the capital equipment used for minerals • Companies who do mining in backward districts are eligible for complete tax holiday for a period of 5 years from the commencement of production 30 per cent tax holiday for 5 ...
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Tax holidays Both new industrial undertakings located in the specified "backward states" or districts and new industrial undertakings set up for generation or generation and distribution of power are entitled to full tax exemption of profits for the first five years of operation, followed by partial tax exemption of 30 percent (for companies ...
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Jan 11, 2014· A SWOT ANALYSIS OF INDIAN MINING INDUSTRY Strengths: 1. The government offers a wide range of concessions to investors in India, engaged in mining activity. Mining in specified backward districts is eligible for a complete tax holiday for a period of 5 years from commencement of production and a 30 percent tax holiday for 5 years thereafter.
Coordinates. Sonbhadra or Sonebhadra {Hindi:सोनभद्र} is the secondlargest district by area of Uttar Pradesh, is the only district in India which borders four states namely Madhya Pradesh in west, Chhattishgarh in south, Jharkhand in south east and Bihar in the northeast. The district has an area of 6788 km² and a population of 1,862,559 (2011 census), with a ...
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