SEZ in India
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 new Prime Minister of India, Mr. Narendra Modi has decided to meet the Secretaries of Commerce and Revenue this Saturday itself. The meeting will discuss all the matters related to Special Economic Zones. Not just that, issues pertaining to tax benefits and its restoration shall also be discussed. On Friday, a meeting was organized [...] Continue Reading »
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 [...] Continue Reading »
