New Delhi, Sept. 15 -- The Confederation of Indian Industry (CII) has urged the government to introduce a comprehensive national policy framework for Global Capability Centres (GCCs), proposing fiscal incentives, regulatory clarity, and infrastructure support to accelerate growth in the sector.

In its recommendations, CII called for concessional corporate tax rates or tax holidays for GCCs located in notified special economic zones (SEZs), along with the harmonisation of permanent establishment rules.

It also sought policy clarity to ensure GCC services are not classified as 'intermediary' transactions, a move it said would ease GST refunds and reduce excessive scrutiny.

Further, the body suggested allowing GCCs to utilise input tax cr...