First year investment allowance for industrial undertakings in specified rural and under developed areas
Name of Incentive
First year investment allowance for industrial undertakings in specified rural and under developed areas
Type of Incentive
Tax Incentive
Ministry
Agency
Sector
Industry
Sub Sector
Product/Activity
Incentive Details
Description
Plant, machinery and equipment installed by any industrial undertaking set up in specified rural and under developed areas shall be allowed first year allowance.