| Major Tax Expenditures on Corporate Taxpayers in India (2011-2012 and 2012-2013) | ||
| (Rs. in Crore) | ||
| Nature of Incentive | Revenue Foregone (2011-12) | Projected Revenue Foregone (2012-13) |
| Deduction of export profits of STPI units (section 10A) | ||
| Deduction of export profits of EHTP units (section 10A) | ||
| Deduction of export profits of units located in SEZs (section 10A and 10AA) | ||
| Deduction of export profits of units located in EPZs (section 10A) | ||
| Deduction of export profits of units located in FTZs (section 10A) | ||
| Deduction of export profits of Export Oriented Units [EOUs] (section 10B) | ||
| Accelerated Depreciation (section 32) | ||
| Deduction/weighted deduction for expenditure on scientific research (section 35 (1), (2AA) &(2AB)) | ||
| Deduction for expenditure on eligible projects or schemes for the social and economic uplift of the public (section 35AC) | ||
| Deduction on account of donations to charitable trusts and institutions (section 80G) | ||
| Deduction on account of donations for scientific research or rural development (section 80GGA) | ||
| Deduction on account of contributions to political parties (section 80GGB) | ||
| Deduction of profits of undertakings engaged in development of infrastructure facilities (section 80-IA) | ||
| Deduction of profits of undertakings engaged in development of SEZs and Industrial Parks (section 80-IA) | ||
| Deduction of profits of undertakings engaged in providing telecommunication services (section 80-IA) | ||
| Deduction of profits of undertakings engaged in generation, transmission and distribution of power (section 80-IA) | ||
| Deduction of profits of undertaking engaged in revival of power plant (section 80-IA) | ||
| Deduction of profits of undertakings engaged in development of SEZs in pursuance to SEZ Act, 2005 (section 80-IAB) | ||
| Deduction of profits of industrial undertakings located in Jammu & Kashmir (section 80-IB) | ||
| Deduction of profits of industrial undertakings located in industrially | ||
| backward States other than Jammu & Kashmir (section 80-IB) | ||
| Deduction of profits of industrial undertakings located in backward States/UTss (section 80-IB) | ||
| Deduction of profits of industrial undertakings derived from development of scientific research (section 80-IB) | ||
| Deduction of profits of industrial undertakings derived from production | ||
| of mineral oil and natural gas(section 80-IB) | ||
| Deduction of profits of industrial undertakings derived from housing projects (section 80-IB) | ||
| Deduction of profits of industrial undertakings derived from operating a cold chain facility (section 80-IB) | ||
| Deduction of profits of industrial undertakings derived from integrated | ||
| Deduction of profits of industrial undertakings derived from processing, preservation and packaging of fruits and vegetables (section 80-IB) | ||
| Deduction of profits of industrial undertakings derived from hospital in rural area (section 80-IB) | ||
| Deduction of profits of undertakings set-up in North Eastern States (section 80-IC) | ||
| Deduction of profits of undertakings set-up in Sikkim (section 80-IC) | ||
| Deduction of profits of undertakings set-up in Uttaranchal (section 80-IC) | ||
| Deduction of profits of undertakings set-up in Himachal Pradesh (section 80-IC) | ||
| Deduction of profits from business of collecting and processing of | ||
| bio-degradable waste (section 80JJA) | ||
| Deduction in respect of employment of new workmen (section 80JJAA) | ||
| Deduction in respect of certain incomes of Offshore Banking Units | ||
| [OBUs] and International Financial Services Centre (IFSC) (section 80LA) | ||
| Deduction in respect of hotels, convention centres in specified areas (section 80ID) | ||
| Total | ||
| Less | ||
| Additional Tax Liability on account of MAT = 25400 | ||
| Reduced By MAT credit claimed = 5951 | ||
| Net Additional Tax due to MAT = 19449 | ||
| Total Revenue Foregone | ||
