Software Technology Parks — Policy Reforms

Entry	Year	Description	Impact
STPI Policy Amendment 2000	2000	Introduction of Section 10AA benefits replacing Section 10A for new units, providing enhanced flexibility in claiming tax exemptions and extending the benefit period with improved operational guidelines.	Enabled continued growth of the STP ecosystem by providing attractive tax benefits to new entrants while maintaining export orientation requirements, leading to expansion of IT services sector.
Foreign Trade Policy 2015-20 Integration	2015	Integration of STPI scheme with the comprehensive Foreign Trade Policy framework, streamlining export procedures and aligning STP operations with broader trade promotion objectives.	Simplified regulatory compliance for STP units and improved coordination between different export promotion schemes, enhancing operational efficiency for IT exporters.
Digital India Integration Amendment	2021	Policy changes integrating STPs with Digital India 2.0 initiative, allowing focus on emerging technologies and domestic market participation while maintaining export orientation.	Enabled STPs to evolve from pure export facilities to comprehensive digital innovation hubs, supporting both domestic digitalization and global service delivery.