Wednesday, October 15, 2014

Government to incentivize SEZs

New Ground Rules

  • Government plans to remove/reduce MAT on SEZ developers and units
  • Government may allow developers to use the SEZ's infrastructure for commercial purposes
  • Govt. is planning to exempt SEZs from the Land Acquisition Act and also digitize procedures
  • May prescribe time limits for disposal of activities related to SEZ developers


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