Investment allowance

Investment allowance at the rate of 15 percent to a manufacturing company that invests more than ` 25 crore in any year in new plant and machinery. This benefit will be available for three years i.e. for investments up to 31.03.2017 under section 32 AC of the Income Tax Act,1961.
Investment linked deduction of capital expenditure to 2 new sectors namely, slurry pipelines for the transportation of iron ore, and semi-conductor wafer fabrication manufacturing units under section 35 AD.