Investors are less interested in SEZ
Developers of special Economic Zone (SEZ) are rebounded by the budget 2012. The builders were expecting some positive announcement from the budget.
Though SEZ serves a big responsibility in terms of export and employment, government is not promoting SEZ to the expected level.
Due to Minimum Alternate Tax (MAT) and Dividend Distribution Tax (DDT), investors are showing less interest in investing into SEZ projects.
It is also observed that lot of applications for SEZ have been withdrawn in last couple of years.
Analysts recommends government to take special care for SEZ if they want to improve the export.
To discuss more Click Here
Source : Business Standard
Budget 2012, Dividend Distribution Tax (DDT), Government initiative in SEZ, investing into SEZ projects, Minimum Alternate Tax (MAT), SEZ development, SEZ in India
[...] Investors are less interested in SEZ [...]