Information Technology
The IT industry and IT enable services became the most favorable industry accounts about US $ 40.3 billion showing an increase of 28.3%. Indian companies and foreign companies expanding various IT and IT enable services, thereby projected India as a most preferred destination for IT and IT enable service industry. The industry enhances our experience while dealing with various services in this sector. The government of India announced various schemes in support of IT industry.
These are as,
- Export Promotion Capital Goods (EPCG) Scheme
- Special Economic Zone (SEZs)
- 100 Percent Export Orientated Unit (EOU)
- Software Technology Park (STP)
- Information technology Act
- Entry options for foreign investors
- By incorporating a company under the Companies Act, 1956
- Joint venture
- Wholly or partly owned subsidiary
- Liaison office/ Representative office
- Setting up operations in India by Overseas Company/ Non resident
Licensing
- Licensing of Intellectual Property Rights
- Technology license Agreements
- Trademark licensing and franchising agreement in India
- Copyright Licensing in India
- IT employee issues