IT/ITes Policy - H Square Advisors

IT/ITeS (IT enabled Services) implies services rendered through application of Information Technology or and will include the following

Call Centers
Medical Transcriptions
Back Office Operations / Business / Knowledge Process Outsourcing (BPO / KPO)
Web / Digital Content Development / ERP / Software and Application Development
GIS Enabled Service
IT Support Centers
Website Services
Revenue Accounting and Other Ancillary operations
Financial and Accounting Processing
HR and Payroll processing
Insurance claim processing
Bioinformatics
IT enabled Banking
Non-banking services including insurance, pension, Asset Management and market related services
Depository and Security registration and dematerialization services
Emerging Technologies such as Cyber Security, Big Data, Artificial Intelligence, Blockchain, Machine Learning etc.

Services

Incentive / Subsidy Benefits

Sr. No.	Particulars	Quantum of subsidy
1.	Capital Expenditure Subsidy	25.00% of capital expenditure receivable in 20 quarterly instalments
2.	Operating Expenditure Subsidy	15.00% of operating expenditure receivable in quarterly instalments
3.	Interest Subsidy	Up to 7.00% and up to 10 million per annum
4.	Employers’ contribution to Provident Fund	100% in Case of Female Employees / 75% of Male Employees
5.	Electricity Duty	100% Reimbursement of Electricity Duty
6.	Employee Salary	15 days salary up to 50k for male and 60k for female employees
7.	Working from Empanelled Co-Working Space	- 50% of monthly seat rent or INR 10,000/ seat for first two years - 25% of monthly rent or INR 5,000/seat for next three years

constructed office building, computers, software, networking related hardware and other related fixed assets;
stamp duty and registration fees for lease / purchase of office and land; and
purchase of renewable energy equipment for captive use.