Page 4 - Special Economic Zones

Commerce ministry should amend SEZ rules for sourcing from EOUs: Expert

EOUs were de-licensed as bonded warehouses with effect from August 13, 2016

Indian entities can give guarantees on behalf of WOS abroad: Expert

Provided that the terms and conditions stipulated in Foreign Exchange Management Regulations, 2000, for promoting or setting up such company or subsidiary are continued to be complied with

Purchases, imports and SEZ supplies to be auto-generated under GST system

Currently, taxpayers file GSTR1, which is a seller form and GSTR3B. However, purchases are not auto populated from GSTR1

Recovery of port volumes, market share gains bode well for Adani Ports

For Adani Ports, after a 27 per cent volume fall in the June quarter, they increased 6 per cent in July.

Sun sets on SEZs: Most consistent failures of economic policy since 1965

Even after a high-profile new policy was announced in 2005, SEZs account for just about a third of India's merchandise exports

PM chairs meet to review preparations for economic zones connectivity plan

Finance Minister Nirmala Sitharaman, Railway, and Commerce and Industry Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri were among those who attended the meeting

Why Atmanirbhar could be govt's biggest gift to Indian pvt sector in 30 yrs

Despite the largesse, however, it remains to be seen whether or Indian companies can shrug off the old habit of jugaad, tweaks and twists

Adani Ports Q1 profit falls 26% to Rs 758 cr, income declines to Rs 2,749.5

The company's total expenses during the quarter under review rose to Rs 1,805.24 crore, compared to Rs 1,796.34 crore in the year-ago period

GMR Infra plans to divest non-core assets, bets big on land monetisation

As per the document, 4,650 acres area there has been notified as SEZs and utility and environment approvals are in place

Sovereign wealth funds to get tax relief on infrastructure bets: CBDT

CBDT notifies changes that will also apply to pension funds

Nasscom for policy tweak to enable longer work-from-home scenario

Nasscom has asked for the abolition of OSPs (other service providers) under the Department of Telecom, under which certain kinds of work (such as voice calls) cannot be shifted to employees' homes.

'Govt, RBI should take more steps to revive economy'

No economic revival and reform package can please all and so, divergent views have come in regarding whether the package adequately addresses the challenges

No increase in lease rent for SEZ units in FY21 due to coronavirus: Centre

And payment of lease rent of the first quarter is to be deferred up to July 31, 2020, for all SEZ units

Lockdown 3.0: Industry bodies welcome relaxations, some confusion remains

Reiterate demand for a stimulus package

Tamil Nadu SEZs want easy NFE rules to lure foreign cos aiming to relocate

SEZs in the State estimate a loss of around 15-20 per cent of export value owing to the Covid-19 scenario

Infra, realty trusts can set up biz in SEZs. Will this increase exports?

The Centre amended the Special Economic Zones Act (SEZs Act) in August 2019 to broaden the definition of "person" who can set up their units in these zones

All existing notified SEZs deemed to be multi-sector SEZs: Government

Aim is to get more entities to set up manufacturing facilities in SEZs and to help developers to monetise their unutilised land

Need more regional trade deals, tax exemption for SEZs: CII report

The report has suggested full income tax exemption for 10 years be provided to units in Special Economic Zones, lower cost of credit for exporters, and fast-paced growth in high-tech shipments

Budget 2020: IT firms want 15% corporate tax for services companies in SEZs

The sunset clause for SEZ nearing - March 31, 2020 - and the IT industry has been a big beneficiary of the policy

Govt grants six month extension to plastic scrap imports in three SEZs

The three SEZs in which recycling units are now allowed to import plastic scrap are Kandla, Falta and Noida