INCENTIVES

Pro-active State Support

Government of Karnataka offers an excellent and attractive package of incentives and concession to new investments like Subsidy, NA Conversion Fine, entry Tax Exemption and Incentives on ISO accreditation etc. The Department of Industries and Commerce is the first department to introduce a total deregulation of businness environment in the state. A Bill to provide for the promotion of industrial development and facilitation of new investments is announced. The main aims are to simplify the regulatory framework by reducing procedural requirements and rationalising documents and to provide an investor-friendly environment in the State through single point guidance and assistance, both at district and state level