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Minimum Alternative 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 »

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 »



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