Chapter-5 Provisions Relating to Incentives, Exemptions, Facilities or Concessions for Industries

Section 26: Other facilities and concessions for micro-industries

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1) Notwithstanding anything contained in the prevailing law, no fee or charge is levied for the registration of a micro-industry under this Act.

2) A micro-industry which is in operation upon registration at the time of commencement of this Act and comes into operation upon registration under this Act is entitled to full income tax exemption.

 

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Section 26: Other facilities and concessions for micro-industries

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