Page 3 - Special Economic Zones

Finance ministry raises concerns on proposed tax sops under DESH Bill

Says such concessions may stir debate of extending incentive for all firms

What is the DESH Bill?

The govt is likely to introduce the Development of Enterprise and Service Hubs (DESH) Bill in the upcoming monsoon session of Parliament. How will it overhaul the ecosystem of special economic zones?

Top Headlines: Inflation impact on India Inc profit, new SEZ law, and more

The early-bird results for the April-June 2022 quarter hinted at a decline in earnings, even as corporate revenue continued to grow at a fast clip

New SEZ law to focus on job creation and research, not foreign exchange

The Bill shall propose the re-introduction of certain direct tax benefits, under which units set up in these development hubs shall attract a 15 per cent corporate tax until 2032

Levy on fuel exports slashed; govt exempts SEZs from windfall tax

Move to benefit RIL, ONGC and Oil India

SME Chatroom: Tribunal allows refund of CVD, special additional duty & cess

I suggest you claim refund of CVD, SAD and cess paid towards regularisation of the default under advance authorisation

Best of BS Opinion: Spreading textile hubs, SEZ weaknesses, and more

Here are the top BS Opinion articles of the day

New law, old problems

Industrial hubs won't alter SEZ weaknesses

'Supplies from DTA to SEZ attract export duty'

Duty credit allowed under the RoDTEP scheme is subject to realisation of sale proceeds within the period allowed by the RBI

Govt-appointed panel to finalise RoDTEP rates for SEZs by mid-June

The committee is likely to submit its report to the department of commerce by mid-June

Fading SEZ appeal

India needs to get the basics right

SEZ exports lag overall rate in April-November, shows govt data

India's overall exports rose nearly 36% YoY, while those from SEZs posted 31% growth in this period

Budget 2022: Reforming SEZ Act to enhance competitiveness, says industry

The government will rewrite a new law to replace the existing SEZ Act as it seeks to enhance exports, FM Sitharaman said on Tuesday.

Budget 2022-23: New law to replace existing Special Economic zones Act

To enable the ease of doing business in SEZ units, the government will also undertake reforms in customs administration of SEZs and make it fully IT driven.

Govt proposes to replace existing SEZ law with new legislation

The government on Tuesday proposed to replace the existing law governing SEZs with a new legislation to enable states to become partners in 'Development of Enterprise and Service Hubs'

Govt must withdraw orders on transfer of SEZ units' assets

The new procedures envisage no role for SEZ developers. That may not be acceptable to many developers

CCI approves Adani Ports and SEZ's 10% stake-buy in Gangavaram Port

Fair trade regulator CCI on Monday approved acquisition of over 10% stake in Gangavaram Port Ltd by Adani Ports and Special Economic Zone Ltd

ONGC likely to buy out IL&FS stake in Mangalore Special Economic Zone

The deal is likely to be concluded at 'fair value' after ONGC's attempt to buy out the shadow lender's stake in JV at deep discount failed

Govt likely to give more sops to units in special economic zones

With this incentive, manufacturers in SEZs that have spare capacity will be able to boost production

Drugs and Pharma sectors lead growth in India's exports from SEZs

Led by drugs and pharmaceuticals, India's exports from special economic Zones (SEZs) rose by 41.5 per cent on a year-on-year (YoY) basis to Rs 2.15 lakh crore in Q1FY22