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Category Archives: Special Economic Zone
RIL SEZ land takes realty shape
The great SEZ dream that Gurgaon has been harbouring for some time now is unlikely to become a reality any time soon. While top officials of Haryana Industrial and Infrastructure Development Corporation (HSIIDC) admitted that there is no fixed time … Continue reading
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Duty-free SEZs are posing problems for Customs
Boasting 92 percent of India’s fossil fuel potential and blessed with abundance of natural resources like bamboo, tea, rice and fruits, the Northeastern states promise a paradise for the intrepid entrepreneur, what with 100 percent Foreign Direct Investment (FDI) opportunities … Continue reading
SEZ developers may accelerate to meet DTC deadline: Assocham
The deadline of March, 2014, under the proposed Direct Taxes Code (DTC) for making new special economic zone units operational if they are to get tax benefits is likely to speed up development of these SEZs by entrepreneurs, a report … Continue reading
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Govt to take up requests for new SEZs on Oct 21
The Centre will consider fresh requests for setting up special economic zones, which have emerged as a major source of exports, on October 21 here. “The Board of Approval (BoA) will consider proposals for setting up new SEZ and other … Continue reading
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New state-specific SEZ policy on the anvil
In a bid to widen its investment horizon and attract more investors in sectors like information technology, biotechnology, electronics, automobiles and auto component manufacturing, ship building, gems and jewellery and pharmaceuticals, the Orissa government has drawn up a plan to … Continue reading
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Centre gives green signal to JNPT’s SEZ
Prime minister Manmohan Singh-led UPA government on Friday approved the Rs 3,000-crore proposal by Jawaharlal Nehru Port Trust (JNPT) for setting up port-based multiproduct special economic zone (SEZ) near Uran in Raigad district. ” JNPT had submitted a comprehensive proposal … Continue reading
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SEZs fear export slip
Exports from special economic zones (SEZs), which grew 68 per cent in the first quarter of this fiscal, can fall if the direct taxes code’s suggestion to scrap benefits materialise. “It is unlikely that exports will continue to register such … Continue reading
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DTC 2010 may stymie SEZ growth
The first draft of Direct Tax Code (DTC) released in August 2009 was a clear dampener for SEZ units. Though, it contained grandfathering of profit-linked tax incentives for existing developers of special economic zones (SEZs), it skipped grandfathering of export-profit-linked … Continue reading
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Policy regarding acquisition of land for private development and in public private partnership for setting up of Special Economic Zones,Technology Cities, Industrial Parks and Industrial Model Townships.
Introduction Industrial Policy, 2005 lays down that the objective of industrial and economic growth shall be achieved, amongst other factors, byencouraging public private partnership in infrastructure projects. In particular, development of industrial infrastructure with private sector participation has been emphasized. … Continue reading
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