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FOREX RULES FOR SEZ
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...- RBI may let real estate tap offshore loans in bid to shore up dollar flowsThe Reserve Bank of India is poised to liberalise its foreign loan regime, potentially allowing External Commercial Borrowings (ECBs) in re...
- Surat-based SEZ entity on ED radar for 'illegal' forex remittances of over ₹4,000 crA Surat-based jewel firm, Sharnam Jewels Limited, is under investigation by the Enforcement Directorate for allegedly making illegal outwar...
- Concerns mount over DESH Bill delay, investors and SEZs push for rolloutThe DESH Bill, announced in the Union Budget this year, seeks to help generate more employment opportunities and revenue apart from prevent...
- Institutional investors, SEZ developers seek to expedite DESH Bill implementationThe DESH Bill, aimed at helping generate more employment opportunities and revenue apart from preventing migration of key business function...
- Panel suggests delinking special economic zones from exportsThe panel wants SEZs to be converted into employment and economic enclaves (3Es) with efficient transport infrastructure, uninterrupted wat...
- GST's impact on Special Economic Zones & Export Oriented Units to be a mixed bagWith the introduction of GST, multitude of taxes have now been subsumed into one single tax, which will not only give a boost to the econom...
- Sensex, Nifty50 slip into negative territory as Suresh Prabhu starts Rail Budget speechThe fall in the index was led by losses in HDFC, ITC, Infosys, HDFC Bank, and NTPC. The Nifty50 was trading above its crucial support level...
- Enforcement Directorate seeks details from Adani firm in probe into overseas fundsThe agency has asked the firm to furnish a host of business documents related to the development of its ambitious Mundra Port and Special E...
- DLF’s plan to buy DE Shaw’s stake in DAL hits roadblockDLF's plan to buy out hedge fund DE Shaw's investment in family-owned DLF Assets could hit a roadblock because of a little known rule in th...
- DLF’s plan to buy DE Shaw’s stake in DAL hits roadblockPlans by the promoters of top real estate company DLF to buy out hedge fund DE Shaw’s investment in family-owned DLF Assets (DAL) could hit...
- Budget 2007: Attempts to funnel investments into infrastructure yet to gain momentumWhile some of the plans announced in Budget 2007 have been fulfilled, the larger goal of raising investments in the core sector to 4% of th...
- Inter-ministerial tug of war on forex payment to SEZ suppliersMuch to the Commerce Ministry's discomfort, the Finance Ministry appears resolved on treating SEZs as foreign territories, a classification...
- 'No SEZ approval if one farmer objects'Gopal Krishna Pillai has no delusion that SEZs are the sole answer to India’s economic problems.
- Nath not in tune with FM on SEZ forex earning ruleWhile the eGoM on SEZs had asked the finance and commerce ministries to examine the feasibility of introducing an additional export obligat...
- Stricter obligations for SEZs on cards to boost exportsTo ensure that the much-touted special economic zones (SEZ) actually become vehicles for boosting exports, the revenue department is pitchi...
- Road to power SEZ won’t be smoothTrouble may be brewing for stand-alone power special economic zones (SEZs).
- Trouble for stand-alone power SEZsAccording to rule 53 of SEZ act, road to such SEZs will not be smooth for developers like Essar, MIDC, etc
- Cross out subsidies from export schemesPrior to the last Budget, the finance ministry had chosen to show more belligerence during its usual haggling with the commerce ministry fo...
- RBI issues consolidated export realisation rulesThe Reserve Bank has issued a master circular to consolidate the instructions on exchange control of goods and services export. The master ...
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