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Commerce Secretary

Government hopeful to see revival in Special Economic Zones

Government hopeful to see revival in Special Economic Zones
The ministry of Commerce stated that introducing a package including roll back of the minimum alternate tax can be announce to help the Special economic zone to revive. Commerce secretary, Rajeev Kher was heard saying that the revival in Special economic zones is important as they would help in the revival of export of capacities. [...] Continue Reading »

SEZ developers get more time for project execution

SEZ developers get more time for project execution
The government has given more time to 33 special economic zone developers, including Uttam Galva Steels Ltd, Unitech Infracon and GMR Hyderabad International Airport Ltd, to execute their projects. The Board of Approval (BoA), a 19 member inter-ministerial body that deals with SEZs, at a meeting headed by Commerce Secretary, also allowed three SEZ developers [...] Continue Reading »



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