Industrial Park approval conditions allow undertaking to qualify for tax benefits subject to infrastructure, unit and compliance requirements. The Central Government notifies the undertaking of M/s. Rajasthan State Industrial Development & Investment Corporation Limited, Jaipur, as an Industrial Park under clause (iii) of sub-section (4) of section 80-IA, subject to conditions including specified location and area, a minimum number of industrial units, prescribed minimum infrastructure expenditure thresholds, provision of common facilities, separate regulatory approvals for investments, continued operation by the undertaking, and consequences for misinformation, non-compliance, transfer reporting, delayed commencement, or unauthorized project amendments.