9 TS districts to get Industrial incentives

telanganaThe Central Board of Direct Taxes has issued a notification of giving industrial tax incentives nine Telangana districts other than Hyderabad for the next five years. They will be effective from March 2015 to March 2020.

The CBDT has yesterday cleared the same incentives to seven backward districts of Andhra Pradesh- four in Rayalaseema and three in North Coastal AP for the same period.

This is being given as part of the Bifurcation Act, sources said.

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