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SEZ ACT AMENDMENT
Government plans to ease forex rule for SEZ services exports to domestic tariff areasThe current provision under Section 2(z) of the SEZ Act, 2005 mandates that proceeds for SEZ to DTA supplies of services must be realised i...- SEZ import relief to fast track chip projectsIndia's semiconductor manufacturing sector is set for a major boost. New rules exempt imports for Special Economic Zones from quality check...
- Amendments in SEZ Act to benefit commercial office leasingFlexibility to demarcate part area without significant cost implications is a positive. The changes made to the Special Economic Zones Act,...
- Centre may junk DESH Bill, amend SEZ ActThe ministries of finance and commerce & industry have been in discussions on the DESH bill for more than a year. Partial de-notification o...
- Bill to allow trusts set up SEZ units in Lok SabhaThe Union Cabinet had in February approved the introduction of the Special Economic Zones (Amendment) Bill, 2019 to replace an ordinance pr...
- Govt approves SEZ amendment bill to replace ordinance for permitting trusts to set up unitsThe bill will replace the Special Economic Zones (Amendment) Ordinance, 2019, which was promulgated in March.
- Two Adani group companies challenge imposition of MAT on SEZsThe notices were issued yesterday by the division bench of Chief Justice S J Mukhopadhaya and Justice J B Pardiwala while hearing the petit...
- SEZs may get a better tax recount in BudgetTax benefits likely to be computed with reference to turnover of SEZ unit rather than the promoter company.
- IT SEZs must wait for 100% tax exemptionIT may be a long wait for IT SEZs which are looking forward to a review of section 10AA (7) of the Income Tax Act for enjoying 100% tax exe...
- Finmin firm on taxing SEZ unitsUnits in SEZs continue to be haunted by the implication of section 10 AA (7) of the Income-Tax Act which could prevent them from enjoying a...
- SEZ units may be heading for MAT finishThe finance ministry is not willing to give up its proposal of imposing minimum alternate tax (MAT) on SEZ units.
- No plans to amend SEZ Act: GovtDespite mounting pressure from the Left allies, Government on Wednesday made it clear that it has no plans to amend the Special Economic Zo...
- Lobbying on to block land acquisition act dilutionApprehensive of a possible dilution in the land acquisition law, the Left and Opposition leaders are being inundated with representations t...
- No plan to amend SEZ Act: CentreDespite stiff resistance to the SEZ policy from within and outside the ruling coalition, the government on Wednesday said that it has no pl...
- SEZs set to be allowed to import used machinery, plantsThe government has decided to allow SEZ units to import used plant or machinery without any quantitative restrictions , provided the machin...
- States seek pie in SEZs, moot 2% stamp dutyHaryana, Maharashtra & WB are in talks with the Centre to explore possibility of introducing a stamp duty of around 2% on the non-processin...
- Home Rule: West Bengal is special zone for Left FrontThe CPM’s insistence regarding withdrawal of the provision related to direct land purchase by SEZ developers in the Centre’s SEZ Act of 200...
- New SEZs norms may cost developers in case of delaysGovernment has planned major changes in the Special Economic Zones (SEZ) rules that it will come down heavily on developers who do not star...
- CPI(M) wants Govt to amend SEZ Act, to follow WB modelCPI(M) politburo has decided to put pressure on the Congress-led UPA government to follow “West Bengal model” in amending the Special Econo...
- Finance, commerce narrow gap on SEZ sopsNEW DELHI: The dark clouds hanging over proposed concessions for special economic zones are expected to lift soon after the next Export-Imp...
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