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Services Provider Qualifies For Tax Break

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Ebix Inc. says it can perform work in a new building in Noida, India, free of taxes until March 31, 2014.

Ebix, Atlanta, a company that runs the AnnuityNet system and sells other technology products and services to insurers, says it already had owned 2 buildings in Noida and now has bought a third building.

Activities in the third building qualify for Software Export Zone Act status, Ebix says.

Even after tax-free status expires, operations in the third building will qualify for 50% tax-free status until March 31, 2019, Ebix says.