Page 5 - Sezs

ONGC may take Opal out of SEZ as domestic demand for petrochemicals grows

A DTA setup enables a company to set up manufacturing units that cater to the domestic market, while an SEZ unit is meant only for exports

Govt to consider TCS, Infosys offers to set up infotech SEZs on Nov 15

Infosys has sought formal approval for setting up a sector specific SEZ for IT/ITeS at Kancheepuram district in Tamil Nadu

SEZs return to tepid welcome; govt has no winning formula for their success

The sole advantage of the Indian SEZ Act still remains tax arbitrage, where most of the provisions are, in any case, on the sunset route

Govt to revamp SEZ incentives policy, focus on employment over exports

SEZs may be rechristened as 'employment economic conclaves'

Export from Special Economic Zones jumped 18% in FY18

Far higher ease of doing business as compared to the rest of India; export promotion council seeks removal of taxes and other such barriers for future growth

SEZ approvals to be cancelled if extension not sought after validity expiry

The state governments in question have also been asked to recover duty exemptions from the SEZs

No takers for SEZs? 62 projects may be scrapped as developers lose interest

Exports from SEZs grew nearly 12% to Rs 5.24 lakh crore in 2016-17

Govt exempts Rs 56,000 cr tax for SEZs in first 9 months of FY17

Exports from these zones stood at Rs 3.58 lakh crore during the same period of FY17

Over 140 SEZ developers to get more time for projects: Nirmala Sitharaman

These zones are export hubs that account for about 23% of the country's total exports

Govt nod for 4 developers willing to set up new SEZs

Worldwide Oilfield Machine has proposed to set up an engineering-specific SEZ in Pune

L&T Construction, four others seek nod to set up new SEZs

Developers and units in SEZs enjoy certain tax and other procedural benefits

Govt approves 6 new SEZs across 3 states for IT, biotechnology

The developers who got nod for new zones include Vaxenic India, EON Kharadi Infrastructure and KRC Infrastructure

Five developers seek government nod to set up new SEZs

Vaxenic India plans to establish biotechnology and biopharmaceuticals SEZ at an area of 11.47 hectares in Telangana

Government gives more time to 7 SEZs to implement projects

Exports from special economic zones logged a marginal growth of 0.77 per cent at Rs 4.67 lakh crore in 2015-16

IT majors wait for Mamata's change of heart on SEZs

Industry takes heart from Trinamool manifesto's silence on the issue, a marked change from the 2011 one, where SEZs were a strict no-no

K Raheja Corp, Gera Developments to build IT-SEZ in Pune

Asked about the project cost, Gera said that the construction cost for this project would be about Rs 1,000 crore

Review of SEZ policy will not hurt industry: Nirmala Sitharaman

In her response, the minister said that ongoing review and reform of government policy was inherent to public policy

Exports from SEZs slump 1.89% in Apr-Dec 2015

The government has not imported foodgrains (wheat and rice) for the central pool since 2008-09

Commerce Ministry extends SEZ projects of Tata Steel, Saraf Agencies

Tata Steel is the anchor tenant for the multi-product SEZ coming up at Gopalpur in south Odisha

Body blow for special economic zones

The change in the latest Budget will impact the sale and rent of SEZ units of companies like Adani Port, which has large SEZs in Mundra, Gujarat, say analysts