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GOVERNMENT OF ANDHRA PRADESH
ABSTRACT
IT Promotion - Incentives Policy – 100% Reimbursement of the Stamp Duty, Transfer Duty and
Registration Fee of Rs.3,56,125/- and release of fifth and final Installment of Rs.1,13,917/-
(Rupees One Lakh Thirteen Thousand Nine Hundred and Seventeen Only) to M/s.Broadridge
Financial Solutions (India) Private Limited, Hyderabad, under ICT Policy of Government of
Andhra Pradesh – Orders-Issued.
INFORMATION TECHNOLOGY & COMMUNICATIONS (Promotions) DEPARTMENT
G.O.Ms.No. 12 Dated:14 .03.2012
Read the following:
1. G.O.Ms.No.11, IT&C Department, dt: 21.03.2005.
2. From M/s.Broadridge Financial Solutions (India) Pvt Ltd, Hyd, Application dt:06.09.2007.
3. Minutes of the 50th CCITI Meeting held on dt:15.07.2009.
4. G.O.Rt.No.65, IT&C Department, dt:12.03.2010.
5. G.O.Rt.No.179, IT&C Department, dt:16.07.2010.
6. G.O.Ms.No.41, IT&C Department, dt:08.11.2010.
7. G.O.Ms.No.28, IT&C Department, dt:29.11.2011.
8. G.O.Rt.No.2784, Finance (EXPR.GAD-II) Department dt.20.07.2011.
9. U.O.Note No.1186/IT&C/Budget/2011, IT&C Dept, dt: 25.07.2011.
O R D E R:
In exercise of the powers conferred in the order first read above, Government have
ordered payment of certain incentives to the eligible IT Industries in Andhra Pradesh. One such
incentive is 100% reimbursement of registration fee, stamp duty and transfer of property duty to
IT Industry for taking office space on lease basis for its own use. In this regard, M/s.Broadridge
Financial Solutions (India) Private Limited, has filed an application for reimbursement of
Rs.3,56,125/- as per Para.36 (c) of GO first read above towards reimbursement of registration fee,
stamp duty and transfer of property duty paid by them for acquiring office space of 3150 sq.ft., on
lease basis, at 3rd floor, Mid Town Mall, 6-3-348, Dwarakapuri Colony, Punjagutta, Hyd, for
setting up its IT/ITES center.
2. On consideration of the said application, Government have issued orders vide reference
fourth read above, sanctioning an amount of Rs.3,56,125/- to be released in installments to
M/s.Broadridge Financial Solutions (India) Private Limited, Hyd, and released first installment of
Rs.1,06,838/-, vide fifth read above released second installment of Rs.27,421/-, vide sixth read
above released third installment of Rs.41,045/- and vide seventh read above released fourth
installment of Rs.66,903/-
3. Taking into consideration the recommendations of CCITI vide third read above,
Government after careful consideration, hereby accord sanction to release Rs.1,13,917/- (Rupees
One Lakh Thirteen Thousand Nine Hundred and Seventeen Only) as fifth and final Installment in
favour of M/s.Broadridge Financial Solutions (India) Private Limited, towards 100%
reimbursement of Stamp Duty, Transfer Duty and Registration Fee. The terms and conditions
stipulated for sanction and release of this incentive to M/s.Broadridge Financial Solutions (India)
Private Limited., Hyd, in G.O. fourth read above are reiterated and remains the same.
P.T.O.::2::
4. The 100% Reimbursement of the Stamp Duty, Transfer Duty and Registration Fee
subsidy of fifth and final Installment of Rs.1,13,917/- (Rupees One Lakh Thirteen Thousand Nine
Hundred and Seventeen Only) released at Para.3 above to M/s.Broadridge Financial Solutions
(India) Private Limited, shall be debited to the following Head of Account:
3451 : Secretariat Economic Services
MH 090 : Secretariat
GH (11) : Normal State Plan
SH (22) : IT&C Department
330 : Subsidies
5. The Joint Director & DDO, IT&C Department shall draw the amount of Rs.1,13,917/-
(Rupees One Lakh Thirteen Thousand Nine Hundred and Seventeen Only) towards fifth and final
installment sanctioned in Para.3 above and arrange for payment after duly applying the TDS to
M/s.Broadridge Financial Solutions (India) Private Limited, Hyderabad.
6. M/s.Broadridge Financial Solutions (India) Private Limited shall submit an advance
stamped receipt for Rs.1,13,917/- (Rupees One Lakh Thirteen Thousand Nine Hundred and
Seventeen Only) to the Department in duplicate.
(BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH)
SANJAY JAJU
SECRETARY TO GOVERNMENT
To
M/s.Broadridge Financial Solutions (India) Private Limited
6-3-1091, Tower-2, Fortune 9,
Raj Bhavan Road, Hyderabad
The Accountant General (A&E)/(Audit), A.P.Hyderabad
The Director Treasuries & Accounts, A.P., Hyderabad
The Pay and Accounts Officer, Hyderabad
The Resident Audit Officer, O/o Pay and Accounts Officer, Hyderabad
The Dy. Pay and Accounts Officer, AP Secretariat Branch, Hyderabad
The JD & DDO, IT&C Department
Copy to:
S.F./Spare
// FORWARDED : : BY ORDER //
SECTION OFFICER