Infrastructure is always a key driver for the real estate segment. With Finance Minister Nirmala Sitharaman’s announcement on the government’s intention to spend Rs 102 lakh crore on infra projects in the next five years, this is a great opportunity for developers to study new markets and take advantage of locations that offer promise. Infrastructure...
Tag: Special Economic Zones
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‘SEZ India’ app launched by Commerce Ministry
A mobile app named “SEZ India” has been launched by the Commerce Secretary. SEZ Division, Department of Commerce, under its broader e-governance initiative, i.e., SEZ Online System, has developed a mobile app for Special Economic Zones (SEZs).
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200 SEZs likely to be exempt from 18.5percentage MAT
Enterprises operating from over 200 Special Economic Zones (SEZs) in the country are likely to be exempted from the minimum alternative tax (MAT) of 18.5 per cent on their book profits.
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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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Single window clearance will strengthen SEZs
NPS Monga, Development Commissioner, Special Economic Zones (Maharashtra, Goa, Daman & DIU), shares his views on the need for revival of the manufacturing sector, government policies on SEZs, issues related to the sector and much more.
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SEZs in Limbo
In order to push the growth engine of the country, the National Democratic Alliance (NDA) Government has taken the initiative of pushing the country´s manufacturing sector through the ´Make in India´ campaign.
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Mahindra plans township in Jaipur
With space at the Mahindra World City industrial township in Chennai almost fully taken up, the next area of focus will be in Jaipur, according to Anita Arjundas, MD & CEO, Mahindra Lifespace Developers
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Govt may slash MAT on SEZs
In what could be a major boost to India´s Special Economic Zones (SEZs), the government is set to reduce the Minimum Alternate Tax (MAT) on Special Economic Zones (SEZ) from 18.5 per cent to 7.5 per cent.
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Policy measures to boost SEZs
The government is considering policy initiatives such as modifying tax rules and allowing dual use of infrastructure in non-processing areas to incentivise Special Economic Zones (SEZs).
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ADB may fund Chennai-Vizag corridor
Asian Development Bank (ADB) has shown interest to back an industrial corridor along the coast of Andhra Pradesh, giving a confidence boost to the state as it prepares for a new life without Telangana and Hyderabad.