Tax exemption

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....ns as seed money for promoting industrial enterprises with the European Investors hailing from EEC member countries in India. (2) The exemption from income-tax on dividend, interest and capital gains tax on disinvestment available to EEC under this Scheme will not be available in respect of the equity held by foreign investors hailing from EEC member countries, or the equity held by the ECIIP par....

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....ch operate under a licensing and technical assistance agreement with an EEC company. Access The beneficiary may apply directly to the EEC or through a financial institution. Application to be made through a financial institution. Type of Finance Grant Interest free advance to be converted later either into a grant, a loan or equity. Equity holding Interest free loan or equity loan The fina....