Nine districts in Telangana gets Tax incentives

rp_Telangana-300x291.gifAfter notifying seven districts in Andhra Pradesh as Central Board of Direct Taxes as backward districts and providing Tax incentives, Nine districts in Telangana gets Tax incentives.

Except for Hyderabad, Rest of the nine districts including Adilabad, Nizamabad, Karimnagar, Warangal, Medak, Mahbubnagar, Rangareddy, Nalgonda and Khammam are notified as backward areas under the first proviso to clause (iia) of sub-section(1) of section 32AD.

With this Tax incentives will be provided for those who set up manufacturing units .