|Year:||2014 (last amended 2017)|
|Policy status:||In Force|
|Date Effective:||2014 (last amended 2017)|
|Policy Type:||Economic Instruments>Fiscal/financial incentives>Tax relief|
The accelerated depreciation tax benefit for renewable energy plant developers was re-established on 30th of March 2014 after a two year long gap. The accelerated depreciation benefit was fixed on 80% level until 31st of March 2017. As of 1st of April 2017 the accelerated depreciation tax was lowered to 40% under the Union Budget 2016-2017.
Renewable technologies eligible to benefit from the benefit:
Last modified: Thu, 12 Apr 2018 10:32:13 CEST