Page 5 - Special Economic Zones

Govt may allow services units in SEZs to accept payments in rupee: Report

The proposal is aimed at promoting the growth of IT units in special economic zones (SEZs)

Bihar has export potential of $900 mn, shipment could exceed $2 bn: Exim

The study examined Bihar's economic profile and outlined strategies for creating an enabling environment for exports at the state-level

Govt to consider TCS, Infosys offers to set up infotech SEZs on Nov 15

Infosys has sought formal approval for setting up a sector specific SEZ for IT/ITeS at Kancheepuram district in Tamil Nadu

Spike in gold smuggling via SEZs under lens; PMO seeks Customs report

The report should contain details about official gold imports, its usage in the domestic market, smuggling trends, possible curbs to mitigate the negative impact of gold imports on the trade deficit

How best to play finance special economic zones

What is needed is not mere deregulation but the construction of institutions that will permit private firms to compete in exporting and inspire confidence in global customers

Remove sunset clause on tax benefits for SEZ units: Commerce ministry

According to industry experts, the clause that indicates the date in advance on which tax incentives will cease to exist is a retrograde step and would impact investments and job creation

24 cos, Rs 60k-cr investment & 150,000 jobs: Gadkari reveals mega port plan

JNPT is investing Rs 4,000 crore in the SEZ which is supposed to be spread over 277 hectares

Making the new regime clearer

The new rules give drawback of only the customs and excise duties for export, as well as supplies to Special Economic Zones