#Budget 2016-17: Incentives To Local IT Start-Ups

Tasavur Mushtaq

SRINAGAR

imagesGiving impetus to local IT start-ups, Dr Haseeb Drabu in his budget speech said that there would be “waiver of permission fee for sanctioning ‘right of way’ for laying optic fibre cables”.

He further said that “50 per cent subsidy on bandwidth for connectivity to IT firms and 50 per cent concession on Quality Certification and Patent filing charges will be given.

 

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