Section 137: Power of the agency in regard to taxes
MP Investment Region Development and Management Rules 2016State Rules of Madhya Pradesh · 2013
( l) The agency with the prior approval -of the State Government may exempt from the payment of any tax. in whole or in part for any period not exceeding one year, any person who by reason of poverty is in its opinion unable to pay the same, and may renew such exemption as often as it may consider necessary.
(2) subject to the provisions of rule 119 the agency may with prior approval of the State Government :- ( a) abolish, suspend or reduce the rate of any tax; or
(b) exempt from the payment of any such tax in whole or in part any person or any class of persons or any property or class of property.
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