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<h1>Amendment to Section 80-IA Expands Tax Incentives to Telecom, Industrial Parks, Mineral Oil, and Hotels in Specific Regions.</h1> The amendment to section 80-IA of the Income-tax Act, as per the Finance Act of 1997, expands the scope of tax incentives. It includes telecommunication services, industrial parks, and mineral oil production in the North Eastern Region. The amendments specify that businesses in these sectors are eligible for tax benefits, with varying percentages of profits exempted from taxation for specified periods. Hotels in certain areas are also included, with specific conditions. The changes apply from various dates between April 1996 and April 1998, with detailed provisions on profit exemptions and definitions, including the definition of the North Eastern Region.