EOUs, SEZ units exempt from silver import restrictions: DGFTThe government has clarified that recent restrictions on silver jewellery imports do not apply to export-linked entities like SEZs and EOUs...
27 Oct, 2025, 08.41 PM IST
Switzerland scraps most favoured nation clause in tax treaty with IndiaSwitzerland will suspend the Most Favoured Nation (MFN) clause in its Double Tax Avoidance Agreement (DTAA) with India, effective January 1...
14 Dec, 2024, 03.51 PM IST
'We need to look beyond the flag of the ship': IFSCA chairperson K RajaramanShip leasing from GIFT City is drawing global attention as India aims to improve its modest 1.4% share of global shipping tonnage. Key comp...
30 Aug, 2024, 11.29 PM IST
Problem of carrying forward tax assets comes to revisit companies in December quarterMany companies will now have to take an impairment charge or write off much of the losses incurred by these acquired businesses which they ...
13 Dec, 2020, 05.17 PM IST
IBC companies set to see substantial impairment of deferred tax assets due to Covid pandemicLosses incurred in a company can be carried forwarded for eight years to set off against profits. Several companies that have acquired loss...
15 Sep, 2020, 11.40 AM IST
Three banks report NPA divergence a day after Sebi directiveIndian Bank has reported a divergence of Rs 820 crore in its net non-performing assets (NPAs) for 2018-19.
02 Nov, 2019, 11.39 AM IST
Banks seek deferred tax assets clarityBanks with huge DTAs on their books have reached out to the Reserve Bank of India (RBI) to synchronise its provisioning norms with the rece...
03 Oct, 2019, 07.40 AM IST
SEZs keen on FTA rates, commerce ministry working on proposalAn SEZ area is considered to be a foreign territory for trade operations and duties and are mainly set up for the export purpose.
25 Jun, 2017, 11.29 PM IST
Foxconn wants to keep off Nokia's legal, financial issuesFor fructifying a deal with Foxconn, Nokia will need to reach out to the Indian government, specifically the departments of revenue, income...
14 Jul, 2016, 06.32 AM IST
Builders to extend infra access in SEZs beyond their limitsThe move is aimed at ensuring optimum utilisation of SEZs and help developers get early returns. The decision was notified by the commerce ...
10 Jan, 2015, 04.00 AM IST
Government periodically reviews SEZ policy, says ministerSitharaman said that exports from these zones in 2013-14 stood at Rs 4.94 lakh crore as compared to Rs 4.76 lakh crore in 2012-13.
17 Dec, 2014, 06.49 PM IST
Large-scale account inheritance emerges in black money probeExact number of such accounts could not be ascertained, sources said that there are quite a few such accounts on which India is seeking det...
03 Nov, 2014, 03.40 PM IST
India to withdraw order suspending tax benefits, says CyprusCyprus has said the Indian government has agreed to withdraw a notification that suspended tax benefits for investments from the island nat...
04 Dec, 2013, 08.05 PM IST
- Government bans gold trading activities in SEZs
Seeking to check misuse of tax benefits by the Special Economic Zones, the government has banned trading of gold by units in the SEZs.
30 Apr, 2013, 09.39 PM IST
- Budget 2012: Eliminate service tax on preventive health check-ups, says FICCI
FICCI in a memorandum to the government said that it should look to fund and develop open source software which could be provided to govern...
18 Feb, 2012, 01.08 PM IST
- BoA clears Adani Group SEZ at Dholera
The Adani Group, which has run into trouble with its multi-product SEZ at the Mundra Port in Gujarat, has finally something to cheer about.
17 Jan, 2008, 01.58 AM IST
- Gujarat streamlines SEZ norms, offers incentives
The Gujarat government has finalised a policy framework to regulate special economic zones, extending various concessions to them.
27 Jul, 2002, 03.53 AM IST