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Income-Tax Act 1961 Amended Through Finance Act 2015 to Provide Certain Tax Benefits to Notified Backward Areas in Specified States Including State of Bihar to Give These Areas an Opportunity to Grow Faster;21 Districts of Bihar Notified as Backward Areas; Any Manufacturing Undertaking or Enterprise Set-Up During the Period From 01.04.2015 to 31.03.2020 in the Aforesaid … Read more
In terms of Section 46 (2) and Section 46 (3) of the Andhra Pradesh Reorganisation Act, 2014, the Union Government is committed to support Andhra Pradesh, providing Special development package to backward areas and Rayalaseema and North coastal region of the State. It has now been decided that funds amounting to Rs.350 crore (@ Rs.50 … Read more