Which are excluded business categories?

  • Banks and Financial institutions.
  • Companies who do not have a registered office in India (except for subsidiary operations of an Indian insured) or Companies whose turnover from US/Canada operation are > USD 15 million or 15% of their total turnover.
  • Educational institutes, colleges etc. for PI of trainers, teachers, professors etc.
  • Medical practitioners, Hospitals, Clinics, Laboratories, Lawyers, CAs etc.
  • Construction activity.
  • Genetically modified organisms.