Unlike China, the original concept of SEZs in India got diluted and it witnessed growth of numerous small scale SEZs, pre-dominantly in the IT/ ITeS space. Further, absence of a true ´single window´ to operationalise SEZ
Tag: Minimum Alternate Tax
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We are integrating online SEZs with customs
Dr Guruprasad Mohapatra, Joint Secretary, Ministry of Commerce and Industry, gives insights on the initiatives taken by the Commerce Ministry to improve ease of doing business in the SEZs
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t of SEZs. As I mentioned earlier
Taking a cue from China´s success in SEZs, the government brought in the policy framework for Indian Special Economic Zones. The SEZs were established with the intention of bringing export-oriented growth to the country
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Giving impetus to urban infrastructure
This article sheds light on the implications of the applicability of the Minimum Alternate Tax (MAT) regime to the REITs (and the exemption there from) in the context of boosting affordable urban infrastructure.
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Pushing the Railway Behemoth
When we talk about infrastructure in India, what should come to our mind first is Indian Railways, but it doesn´t, because we seem to have taken the railways for granted. Indian Railways (IR) has the largest rail network in Asia
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India's oldest SEZ on progressive path
In the context of several non-IT SEZs performing poorly in recent years, Janaki Krishnamoorthi looks at the performance of Kandla SEZ one of the oldest multi-product SEZ. All is not well with IndiaÂ’s Special Economic Zones (SEZs), particularly in the non-IT/ITEs sector. Many of these SEZs are grappling with a sharp slowdown in growth. Not many new SEZs have come up in recent years.
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Govt should review taxtion issues for better road infra
Sustaining interest of private players in India’s road sector is of paramount importance. For doing so if the government needs to make some small sacrifices in the immediate future, it is indeed worth as this will reap rich dividends in the future through overall development of the economy—and tax reforms will go a long way in this direction, proposes Hemant Kanoria.
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Provide more sops to SEZs
Despite recent reforms, SEZs need further policy push. Compared with the country’s overall export growth of 23 per cent, exports from SEZs grew just over 15 per cent in 2011-12.