To keep Infosys,Bengal wants Centre to extend tax holidays

The state government is urging the Centre to extend tax holidays offered under the Software Technology Park of India scheme so that it can retain IT bellwether Infosys in the state,minister for commerce and industries Partha Chatterjee informed the Assembly today.

Written by Express News Service | Kolkata | Published: June 21, 2012 2:17:33 am

The state government is urging the Centre to extend tax holidays offered under the Software Technology Park of India (STPI) scheme so that it can retain IT bellwether Infosys in the state,minister for commerce and industries Partha Chatterjee informed the Assembly today.

It was Congress member Asit Mitra who demanded to know from the government the status of Infosys that threatened to quit the state unless it got the SEZ (Special Economic Zone) status.

“We are opposed to granting the status of SEZ to any concern. We mentioned this in our party manifesto and we cannot go against it. We were keen that Infosys’s project here is covered under the STPI scheme and since the tax holidays offered under it expired in March last year,our chief minister called Union Minister Anand Sharma to extend the facilities. I,too,had a talk with Sharma. We are also in touch with Infosys officials. We are now looking at the Centre so that it does something on this issue,’’ Chatterjee said in the House.

The tax holidays under the STPI,which was initiated by the Ministry of Information Technology of the government of India in 1991,include corporate tax exemption,100 per cent foreign equity,exemption of import duty on hardware and software,permission for import of second hand capital goods,to name a few.

After the state government refused the company the status of SEZ,Infosys,which has got 50 acres of land from the state,has put its project on hold.

On February 28 this year,Infosys top official Binod Hampapur met Chatterjee at Writers; Building but nothing came of the meeting with the IT giant sticking to its demand for SEZ status.

Besides Infosys,Wipro,which has already got its campus and 50 acres of land,has demanded SEZ status from the state.

For all the latest Kolkata News, download Indian Express App

Advertisement
Advertisement
Advertisement
Advertisement