R&D Innovation Support/ Open Innovation

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In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create.

In the modern world of business, it is useless to be a creative original thinker unless you can also sell what you create.

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Not many domestic and foreign companies know that the Government of India has revised its weighted tax deductions for in-house R&D centers to 200% in the latest Union Budget of 2010. This is more than compared to benefits provided in countries like Singapore, Hungary etc. Companies which are engaged in research only at present but have plans to start manufacturing at a later date are also eligible for the recognition from DSIR Through this service, TT Consultants will assist domestic and foreign companies in setting up R&D center and Intellectual Property units to undertake the procedure of the entire certification and tax deduction claims related activities of firm’s R&D center.

The company also takes the responsibility of performing complex tasks of mapping incentives which will be handled by experts. TT Consultants will help in the requisite documentation work and get them filed with the concerned authorities within due dates.

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