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sez policy

sez

SEZ Policy still nonviable

Special Economic Zones (SEZs) alike the dams constructed in yester years can be deemed as the temples of the modern Indian economy. With norms pertaining to SEZ policies recently being amended to give a boost to these temples, the minimum land holding norms were relaxed however, uncertainty about tax rebates still prevail. Indian policymakers appear […]

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Fear of abuse of Service tax exemption for SEZs

Delhi: The recent decision made by the finance ministry to allow an upfront service tax exemption for all Special Economic Zone (SEZ) units and developers would translate into an additional savings of Rs 1,500 crore annually for such units, as they would no longer be required to wait for refunds. The service tax incidence or the […]

Service tax exemption for SEZs

Delhi: The recent decision made by the finance ministry to allow an upfront service tax exemption for all Special Economic Zone (SEZ) units and developers would translate into an additional savings of Rs 1,500 crore annually for such units, as they would no longer be required to wait for refunds. The service tax incidence or the […]

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