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[Cites 0, Cited by 0] [Section 2] [Entire Act]

State of Goa - Subsection

Section 2(g) in The Goa Information Technology Development Act, 2007

(g)"Integrated IT Township/IT Parks" means any site selected by the Government where the Corporation shall develop plots, build factories other buildings and make them available for [Integrated Information Technology Township/Information Technology Parks, Information Technology (IT) Companies, Information Technology Enabled Services (ITES), Startup, Electronic Manufacturing Cluster (EMC), Industry 4.0] [Substituted by Act No. 21 of 2017, dated 16.9.2017].;
(ga)[ "Information Technology (IT) Companies" includes Information Technology Software, Information Technology Services; [Insterted by Act No. 21 of 2017, dated 16.9.2017]
(i)not prior to seven years, and in case of Biotechnology Startups, not prior to ten years;
(ii)with annual turnover not exceeding Indian Rupee (INR) 25 crores in the preceding financial year; and
(iii)working towards innovation, development or improvement of products or processes or services, with a high potential of employment generation or wealth creation; and
(iv)not formed by splitting up, or reconstruction, of a business already in existence;
(gd)"Electronic Manufacturing Cluster (EMC)" means either a Greenfield EMC or a Brownfield EMC notified under the guidelines for notifying Brownfield Clusters under M-SIPS Scheme dated 14.1.2013[F.No. 36(3)/2012-IPHW] or a Greenfield EMC as notified under Clause 6.8(iii) of the guidelines No. 8(50)/2011-IPHW dated 15th April, 2013;
(ge)"Industry 4.0" means current trend of automation and date exchange in manufacturing technology including cyber-physical systems, the Internet of things and cloud computing;]
(gb)"Information Technology Enabled Services (ITES)" include Call Centres, Medical Transcriptions, Back Office Operations/Business Process Outsourcing (BPO)/Knowledge Process Outsourcing (KPO), Website services and Development, AVGC (Animation, Visual Effects, Gaming and Comics), Information Technology System Audit Services, Legal Database Processing, Bioinformatics, Information Technology enabled banking, non-banking services including insurance, pension asset management and market related services, Information Technology solution provider/Implementers (including server data banks, application service provider internet//web based e-commerce service providers and system integrators)/Visual Effects/Digital Entertainment and Information Technology Engineering Services Companies;
(gc)"Startup" means an entity, in-corporated or registered in Goa;