The Union Budget, 2000 awarded a Tax Holiday for the North-eastern Region to promote industrialisation for
- A5 years
- B7 years
- C9 years
- D10 yearsCorrect
Explanation
The Union Budget 2000 announced a comprehensive fiscal package for the North Eastern Region to accelerate industrial growth. As part of this initiative, a 10 year tax holiday was granted to new industrial units set up in the region. This exemption was specifically designed to attract investment and compensate for the geographical and infrastructural challenges faced by these states. Therefore, 10 years is the correct duration for the awarded tax holiday.
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