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Thursday, June 04, 2020

Special Economic Zones

SPECIAL ECONOMIC ZONES NEWS

ComMin looking at ways to revamp SEZ policy

January 11, 2020 2:46 am

Discussions were held to understand how to implement the remaining recommendations of an expert committee led by Bharat Forge chairman Baba Kalyani that was formed in 2018 to review the policy.

Tripura gets in-principle nod from Centre to set up its first SEZ at Sabroom

October 04, 2019 7:12 pm

Biplab Deb had said that the first-ever SEZ in Tripura was being set up at Sabroom to attract Bangladeshi investors.

Tripura to set up first SEZ at Sabroom, Biplab Deb woos Bangladesh to invest

September 25, 2019 11:54 am

"Bangladesh is our nearest neighbor. If we can attract investors from there, Tripura will see exponential growth. Tripura holds immense potential of foreign investment”, Biplab Deb said.

Rajya Sabha passes Bill to allow trusts to apply for SEZs

June 28, 2019 1:10 am

The Special Economic Zones (Amendment) Bill, 2019, will replace an ordinance that was promulgated in March, just days before the announcement of the polls.

Special economic zones — Major challenges: Multiple models, unutilised land and additional taxes

December 27, 2017 1:43 am

Issues such as under-utilisation of existing capacity, disadvantage on domestic sales due to application of full customs duty and imposition of taxes including income tax for new SEZs were highlighted in a presentation by officials before the commerce minister.

Board of Approval clears de-notification of 81 Special Economic Zones

July 26, 2017 8:07 pm

In a separate reply, Commerce and Industry Minister Nirmala Sitharaman said representations have been received from exporters/growers associations regarding alleged import of low quality pesticide contaminated pepper from Vietnam through Sri Lanka.

State SEZs fail CAG test, on all counts

June 04, 2015 4:46 am

‘Only 34,999 jobs created in 19 operational SEZs in the state against the promised four lakh; export, revenue too way short of targets’

State plans Bill to crack down on developers hoarding SEZ land

May 01, 2015 2:58 am

Govt has proposed that land acquired for SEZ, if not developed within a certain time-frame, will be taken back and used for providing affordable housing.

FinMin seeks public comments on framework of finance SEZs

February 18, 2015 2:13 am

The move comes at a time when the finance ministry and the RBI are already finalising the modalities for operationalisation of similar services at the GIFT City.

Fast-track resolution of SEZ issues : PMO to ministries

December 02, 2014 2:14 am

Urges commerce and finance ministries to resolve the dividend distribution tax and minimum alternate tax issues at the earliest.