Sikkim offers tax holidays and concessions to attract investment in sectors like:

The correct answer is: d) All of the above

Sikkim offers tax holidays and concessions to attract investment in sectors like manufacturing, tourism, and information technology.

• Manufacturing: Sikkim offers a 100% tax exemption on profits for the first five years and a 50% tax exemption for the next five years for new manufacturing units.
• Tourism: Sikkim offers a 100% tax exemption on profits for the first five years and a 50% tax exemption for the next five years for new tourism projects.
• Information Technology: Sikkim offers a 100% tax exemption on profits for the first five years and a 50% tax exemption for the next five years for new information technology projects.

In addition to tax holidays and concessions, Sikkim also offers a number of other incentives to attract investment, such as:

• Land subsidies: Sikkim offers land subsidies of up to 50% of the cost of land for new manufacturing, tourism, and information technology projects.
• Power subsidies: Sikkim offers power subsidies of up to 50% of the cost of power for new manufacturing, tourism, and information technology projects.
• Water subsidies: Sikkim offers water subsidies of up to 50% of the cost of water for new manufacturing, tourism, and information technology projects.
• Employee training subsidies: Sikkim offers employee training subsidies of up to 50% of the cost of training for new manufacturing, tourism, and information technology projects.
• Research and development subsidies: Sikkim offers research and development subsidies of up to 50% of the cost of research and development for new manufacturing, tourism, and information technology projects.

Sikkim’s investment incentives are designed to attract foreign direct investment (FDI) and to promote the development of the state’s economy. The state government believes that these incentives will help to create jobs, to boost economic growth, and to improve the quality of life for the people of Sikkim.