Fiscal Incentives for Scientific Research (FI)
Introduction
Government has evolved, from time to time, fiscal incentives and support measures to encourage R&D in industry and increased utilization of locally available R&D options for industrial development. Incentives to encourage investments in R&D by industry are announced time to time in the Union Budget. Fiscal incentives and support measures presently available are mentioned in the annexure.
- Approval u/s 35(2AB) of Income Tax Act of 1961
Guidelines:
- Guidelines for approval of companies having In-house R&D units recognized by DSIR and submission of report Under Section 35(2AB) of IT Act 1961, (File Size: 904 KB) UPDATE [19 JUL 2017]
- Check List for submission of 3CL documents for FY 2018-19 (AY 2019-20), (File Size: 38 KB) UPDATE [28 OCT 2019]
- 3 Years Central Excise Duty waiver on patented products
For additional information, Contact:
Shri K. R. Vaidheeswaran
Joint Secretary and Head
Department of Scientific & Industrial Research (DSIR)
Technology Bhawan, New Mehrauli Road
New Delhi-110016
Phone: (011) 23716582, 23351745
Fax: (011) 23714788
E-mail: jsa-dsir[at]nic[dot]in