Department of Scientific & Industrial Research, Government of India
Industrial R & D Promotion Programme (IRDPP) Introduction: Department of Scientific & Industrial Research (DSIR) is the nodal department for granting recognition to in-house R & D units in Industry, Scientific and Industrial Research Organizations (SIROs); and registration to Public funded research Institutions, universities, IIT's, IISc, Regional Engineering College (RECs), other than hospitals. Secretary, DSIR is the prescribed authority vide Gazette notification No.S.O.85 (E) dated 31st January, 2001 issued by Department of Revenue, Ministry of Finance for granting approval to commercial R & D companies Under Section 80IB (8A) of I.T. Act, 1961; also approval to in-house R & D Centres under Section 35(2AB) of I.T Act 1961 for Weighted Tax Deduction. In-house R & D units recognized by DSIR in the area of pharmaceutical and bio-technology sector are eligible for duty free import of specified goods (comprising of analytical and specialty equipment as per list 28) for R&D as per notification No. 26 / 2003-customs dated 1st March, 2003 (item at Sl. No. 248(1); and duty free import of specified goods (comprising of analytical and specialty equipment as per list 28) for production as per notification No.26 / 2003-customs dated 1st March, 2003 (item at serial No.248(2); and duty free import of pharmaceutical reference standards as per notification No.26 / 2003-Customs dated 1st March, 2003 (item at serial No.138); and also the in-house R & D units engaged in the research and development in the area of chemical, drugs pharmaceuticals, (including clinical trials), bio-technology, electronic equipments, computers, telecommunication equipments, aircrafts and helicopters are eligible for weighted tax deduction of a sum of equal to one and one-half times of any expenditure incurred on scientific research (not being expenditure in the nature of cost of any land building) as approved by the prescribed authority i.e. Secretary, DSIR. In case of dispute, Secretary, DSIR is also prescribed authority in concurrence with Director General of Income-Tax (Exemption) for deciding cases of R & D expenditure made on Capital Equipment and related R & D activities under Section 35 of Income-Tax Act, 1961 referred by Central Board of Direct Taxes. A few more incentives introduced by the Government to encourage R & D by industry include write off of revenue and capital expenditure on R & D, weighted tax deduction on sponsored research programmes of industry with National Laboratories / Universities / IITs; accelerated depreciation allowance on plant and machinery set up indigenous technology, custom duty exemption on goods imported for use in Government funded R & D projects, excise duty waiver for 3 years on goods produced based on indigenous technologies and duly patented in any two of the countries out of India, European Union(One Country), USA and Japan. Scientific & Industrial Research Organizations in the area of Medical Agriculture, Natural and Applied Sciences and Social Sciences recognized by DSIR are eligible for notification under Section 35 (1) (ii)(iii) of I.T Act 1961 and also for availing Custom and Excise duty exemption. Commercial R & D companies approved by DSIR before 1st April, 2004 are eligible for 10 years tax holidays. Public Funded R & D Institutions registered by DSIR are eligible for availing custom duty exemption on import of equipment, spares and accessories and consumables as per notification No.51 / 96-Customs dated July, 23, 1996 and also for availing Central Excise Duty Waiver on purchase of indigenously manufactured items as per notification No. 10 / 97 - Central Excise dated March 1, 1997 for scientific research purposes. Objectives: The broad objectives are to:
Click here to see the details of Fiscal Incentives Guidelines and Applications Forms Click here to see the guidelines and application forms Boys beware, the ladies are there 21 Jul 2007, 1507 hrs IST Cummins College of Engineering for Women has launched a BE programme in mechanical engineering. This course, till recently, was sought after only by boys. CCEW has joined the league of a few colleges in the country that are conducting this course exclusively for women. Those who believe that mechanical engineering is something sought after by only boys need to do a rethink. Ask the Principal of the Cummins College of Engineering for Women (CCEW) P C Warnekar and he will tell you why. Despite the opinion that mechanical engineering involves a lot of manual work, the college has launched a BE in mechanical engineering, a course that is recognised by the All-India Council for Technical Education (AICTE). The course is starting this month. Mechanical engineering involves the application of principles of physics for analysis, design, manufacturing, and maintenance of mechanical systems. Students can seek jobs in design and analysis of automobiles, aircraft, heating and cooling systems, manufacturing plants, industrial equipment and machinery - after completion of the course. "Not all jobs in mechanical engineering entail physical labour in workshops. Women can find other roles such as testing that is less strenuous," says college official Revati Gore. She said CCEW is one of the few colleges in the country that has taken this bold step and launched this course exclusively for women. Warnekar said in around 17 colleges affiliated to the Pune University, like the Sinhagad College of Engineering, there were a good number of girl students enrolled for mechanical engineering. CCEW has already received several enquiries for the course. People from other cities and towns across the country have also expressed interest, said Warnekar. The project involves an investment of Rs 8 crore borne entirely by the institute’s major donor, diesel engine manufacturer Cummins India Limited. A seven-storey building is under construction at the college campus in Karvenagar. While practical training will be undertaken at the Cummins factory, the diesel engine manufacturer is also expected to absorb most of the mechanical engineering students. Most students when queried whether mechanical engineering was a lucrative career option said they were more fascinated by IT and computer engineering. "With the IT boom in India I am more attracted towards this Industry. I feel there is more scope for me in the IT world than there is in the field of mechanical engineering," said Rashi Kumar, a student. Warnekar said the college has decided to continue the programme taking into account the greater role of women in industry. "Considering the significant role of women in the changing socio-economic scenario, we have decided to pursue this programme," he said. Around 60 students will be allotted seats for the course with annual fees expected to cost in the range of Rs 38, 000 to Rs 42, 000. Officials at CCEW believe with the economy on a growth path, the demand for mechanical engineers will never go down. For additional information, Contact: Shri R R Abhyankar Scientist 'G' and Head (RDI) Department of Scientific & Industrial Research Technology Bhawan, New Mehrauli Road New Delhi - 110016 Phone: (011) 26863805 TeleFax: (011) 26960629 Email: rra@nic.in Website: http://www.dsir.nic.in/ |
