The above income tax concessions would be available subject to the condition that a minimum investment of Rs. 30Mn. Is made in machinery and building, with creation of 200 employment opportunities within a period of two (02) years from 01st April 2006.

A company, which is already established in the Colombo and Gampaha district and relocated to other districts, too will be eligible for the above tax concessions subject to settlement of terminal benefits to employees as per the prevailing labour regulations provided a minimum employment of 200 is maintained.