Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

Dividend Distribution Tax

SEZs lie in a disadvantageous position

SEZs lie in a disadvantageous position
Investments in Special Economic Zones (SEZs) declined as a result of introduction of Minimum Alternative Tax (MAT) and Dividend Distribution Tax (DDT), which led to negative investor sentiments, a study commissioned by the Commerce Ministry has said. Moreover, products manufactured in the zones have become non-competitive in the domestic tariff area (rest of the country) [...] Continue Reading »

Govt to unveil new measures to revive SEZs

Govt to unveil new measures to revive SEZs
At the Commerce Department’s Wednesday briefing, in New Delhi, to mark ‘100 days’ of Narendra Modi’s government, Commerce and Industry Minister Nirmala Sitharaman said that new measures will soon be announced by the government to revive Special Economic Zones (SEZs). In an apparent attempt to give the SEZs a new look, the government is working [...] Continue Reading »

Reliance returns land acquired for SEZ in Haryana

Reliance returns land acquired for SEZ in Haryana
Reliance Industries today announced that it has returned nearly 1,384 acres of land in Gurgaon that was acquired for its SEZ. The withdrawal of the concessions offered to special economic zones has made such projects unviable. The MAT (Minimum alternate tax) and DDT (Dividend Distribution Tax) were imposed by the government in 2011 and the SEZs [...] Continue Reading »

SEZ to get back tax benefit

SEZ to get back tax benefit
Ahead of prime minister Narendra Modi’s scheduled laying of foundation for the Rs 4,000 crore Jawaharlal Nehru Port Trust SEZ this weekend, commerce ministry pitched for restoration of tax benefits, which are widely expected to be announced in foreign trade policy this month-end. Making her intent clear, commerce and industry minister Nirmala Sitharaman told the [...] Continue Reading »

Centre should think about the SEZs

Centre should think about the SEZs
The Centre should refrain from restoring tax benefits to units in Special Economic Zones (SEZs) and developers of these enclaves that were withdrawn in the 2011-12 Budget. SEZ units and developers now incur a 20 percent minimum alternate tax (MAT) on their book profits. In addition, there is a 15 percent dividend distribution tax (DDT) [...] Continue Reading »

Increase in Dividend Distribution Tax

Increase in Dividend Distribution Tax
The change in direct taxes levied by the government will leave the corporate with more amount of money to spend on investing and kick starting growth. The only bad news is the increment in the effective dividend tax distribution which is a tax that companies pay on dividends. However their outgoing tax may increase only [...] Continue Reading »

Finance Ministry to roll-back the MAT on SEZs: Expected to boost exports

Finance Ministry to roll-back the MAT on SEZs: Expected to boost exports
As per the Economic Survey report, fresh investments have slowed down in SEZs in the recent years. The report has urged the government to give clear signal to revive the special economic zones (SEZ). The SEZs were major export and manufacturing hubs, and every company wanted to open their units in SEZs. However in the recent [...] Continue Reading »

60 percent land still lying empty under UPA’s SEZ Scheme

60 percent land still lying empty under UPA’s SEZ Scheme
An analyst says that the UPA government’s special economic zone (SEZ) scheme whose aim is to create infrastructure to facilitate exports appears to have failed. More than 60 percent of the total land under the SEZs is vacant years after the scheme launched in 2006. Till now the government has notified 389 SEZs. As per [...] Continue Reading »

Revised IT/ITES-SEZ norms to benefit real estate

Revised IT/ITES-SEZ norms to benefit real estate
New Delhi: On a move to stimulate commercial real estate in India, the Government has done away with the mandatory requirement of 10 hectares of minimum land area for setting up an IT or ITES special economic zone (SEZ). It has set built-up area requirements to be met by SEZ developers. They now need 100,000 [...] Continue Reading »

MAT To Adversely Affect Gujarat’s SEZ Proposals

MAT To Adversely Affect Gujarat’s SEZ Proposals
Minimum Alternative Tax (MAT) which has been imposed alongside Dividend Distribution Tax (DDT) to adversely affect 50-odd Gujarat’s  SEZ proposals. Proposals made in two Vibrant Gujarat investment summits, in 2009 and 2011, worth around Rs 1.25 lakh crore, would be adversely affected. The Government of India’s (GoI) to impose a minimum alternative tax (MAT) of [...] Continue Reading »



CommonFloor Property Search Mobile App now available on Android, iOS and Windows!