TaxTMI 
TaxTMI 
Karnataka offers extensive incentives in its proposed IT policy
X X X X Extracts X X X X
X X X X Extracts X X X X
....arnataka offers extensive incentives in its proposed IT policy<BR>PTI News<BR>Dated:- 14-11-2025<BR>PTI<BR>Bengaluru, Nov 14 (PTI) Karnataka has proposed a new Information Technology Policy for 2025–2030, offering extensive financial and non-financial incentives aimed at accelerating investments, strengthening innovation and expanding the state's tech footprint beyond Bengaluru. The Karnataka C....
X X X X Extracts X X X X
X X X X Extracts X X X X
....abinet gave its nod to the policy 2025–2030 with an outlay of Rs 445.50 crore on Thursday after the Finance Department accorded its approval. The policy introduces 16 incentives across five enabler categories, nine of which are entirely new, with a distinctive push to support companies setting up or expanding in emerging cities. Alongside financial support, the government is also offering labo....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ur-law relaxations, round-the-clock operational permissions and industry-ready human capital programmes to make Karnataka a globally competitive 'AI-native' destination. According to the policy, units located outside Bengaluru will gain access to a wide suite of benefits, including research and development and IP creation incentives, internship reimbursements, talent relocation support and recrui....
X X X X Extracts X X X X
X X X X Extracts X X X X
....tment assistance. The benefits also include EPF reimbursement, faculty development support, rental assistance, certification subsidies, electricity tariff rebates, property tax reimbursement, telecom infrastructure support, and assistance for events and conferences. Bengaluru Urban will receive a focused set of six research and development and talent-oriented incentives, while Indian Global Capa....
X X X X Extracts X X X X
X X X X Extracts X X X X
....bility Centres (GCCs) operating in the state will be brought under the incentive net. Incentive caps and eligibility thresholds have been raised, and the policy prioritises growth-focused investments for both new and expanding units. Beyond incentives, the government focuses on infrastructure and innovation interventions. A flagship proposal in the policy is the creation of Techniverse -- integ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....rated, technology-enabled enclaves developed through a public-private partnership model inside future Global Innovation Districts. These campuses will offer plug-and-play facilities, artificial intelligence and machine learning and cybersecurity labs, advanced testbeds, experience centres, and disaster-resistant command centres. There will also be a Statewide Digital Hub Grid and a Global Test B....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ed Infrastructure Network, linking public and private research and development, and innovation facilities across Karnataka. The government has proposed a Women Global Tech Missions Fellowship for 1,000 mid-career women technologists, an IT Talent Return Programme to absorb experienced professionals returning from abroad, and broad-based skill and faculty development reimbursements. Shared corpor....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ate transport routes in Bengaluru and tier-two cities will be designed with Bengaluru Metropolitan Transport Corporation and other transport entities to support worker mobility. The government said the policy is the outcome of an extensive research and consultation process involving TCS, Infosys, Wipro, IBM, HCL, Tech Mahindra, Cognizant, HP, Google, Accenture and NASSCOM, along with sector exper....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ts and stakeholder groups. It estimates an outlay of Rs 967.12 crore over five years, comprising Rs 754.62 crore for incentives and Rs 212.50 crore for interventions such as Techniverse campuses, digital grid development, global outreach missions and talent programmes. PTI GMS SKY NSD NSD<BR> News - Press release - PIB....