in relation to pioneer industries, explain the following
terms:1,production day. 2,certificate of qualify
expenditure. 3,income tax relief. 4,pioneer certificate

2. list seven pioneer industries which fall under pioneer
status as contained in the industrial development act 1971



in relation to pioneer industries, explain the following terms:1,production day. 2,certificate of ..

Answer / Janardan Singh Yadav

1) Production day: A production day is a day on which a qualifying activity or project is carried out. It's essential for calculating incentives granted to pioneer industries.nn2) Certificate of Qualified Expenditure (CQE): A document issued by the authorities that certifies the eligible expenditures made by the pioneer industry for tax relief purposes.nn3) Income Tax Relief: A reduction or exemption on income tax for pioneer industries to support their growth and development.nn4) Pioneer Certificate: An official document issued to an enterprise that qualifies as a pioneer industry, confirming its status and entitlement to various incentives under the Industrial Development Act 1971.nnSeven pioneer industries as per the Industrial Development Act 1971:n1) High technology industriesn2) Offshore manufacturing industriesn3) Deep sea miningn4) Downstream oil refineries and petrochemical industriesn5) Palm oil mills and palm oil-based processing factoriesn6) Agriculture-based integrated resorts and span7) Liquefied Natural Gas (LNG) projects

Is This Answer Correct ?    0 Yes 0 No

Post New Answer

More Taxation Interview Questions

If TDS on Rent is to be charged on Rent which includes Maintenance Charges which are clearly evident, then has TDS on REnt also to be charged on Maintenance Charges?

2 Answers  


HOW TO TREATMENT OF SERVICE TAX ( WHAT INPUT & OUTPUT ADGUSTMENT SAME AS A dvat)

2 Answers   Genpact, NIFT,


Hospital and Telecomunication Service Tax Applicable or Not ?

3 Answers  


How is income tax calculated?

1 Answers  


how we can access the Tax Deduction through PAN ?.

1 Answers  


what is majore differance between TCS & TDS

4 Answers  


Please some one tell me what is the VAT or WCT rate for works contract at Tripura

0 Answers  


i have a bank statements for a xyz company, how did start Bank Reconciliation Statement, what is the concept of BRS and what is the steps to follow up the BRS. can u told how to do brs in Excel easily. please solve my question.

2 Answers  


What are the excise duties in our state?

1 Answers  


Wat is U r stength and weekness

2 Answers  


In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in

1 Answers  


MY QUESTION IS 1. WHAT ARE THE LEDGERS TO BE OPEN FOR TDS 2. WHEN AND TO WHOM I DEDUCT TDS 3. JOURNAL ENTRY FOR ALL TDS TRANSCATION 5. IN TALLY ERP MENTION LEDGER TO BE CREATED UNDER WHAT GROUP 6. THEN ANY OTHER IMPORTANT INFORMATION ABOUT TO CHECK IN TDS

1 Answers  


Categories