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IEM -Industrial Entrepreneur Memorandum

(Querist) 25 November 2008 This query is : Resolved 
Dear Forum Members,

Wanted to know that know following :-

What is IEM (Industrial Entrepreneur Memorandum)meaning?

Does it get any exemption in property tax.

Pls revert for this on priority, since there is a case which needs to be address.
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Manish Singh (Expert) 25 November 2008
IEM is not meant for getting exemption from property tax instead there are several(almost all which has not been specifically specified) large and medium class industries which do not need any license to start the industry but only need to file IEM to the SECretariat for Industrial Approval.

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