FAQ , Investment Incentives, Privileges and Facilities

New physical infrastructure undertakings (physical undertakings) established between 1 Jul. 2019 and 30 Jun. 2024 (and going into commercial operation within those dates) for the designated categories are entitled for income tax exemption in the following manner: Phased exemption for ten years with -90% of income for the initial two years, -80% for the third year, -70% for the fourth year, -60% for the fifth year - 50% for the sixth year, -40% for the seventh year, -30% for the eighth year, - 20% for the ninth year, -10% for the last tenth year.