SEZ Act
The Special Economic Zones (SEZ) had lost their sheen in the last few years as the policy makers were not providing ample facilities to the industries functioning in these places. The commerce department has strongly pitched for allowing the units in the tax free SEZ enclaves to sell a part of their production in the [...] Continue Reading »
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 »
