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RBI reverses forex relaxation for SEZs
Clamping down on the delays in repatriating foreign exchange earnings, the Reserve Bank of India (RBI) has tightened norms for special economic zones (SEZs), asking them to realise and......
Post-Budget pessimism on investor interest in SEZs
In the wake of the Union Budget proposals, developers of Special Economic Zones (SEZs) say the scheme is heading for an end, with investors' interest certain to reduce drastically.Developers of......
IT units in SEZ to get tax sops
Information technology and IT-enabled service units in special economic zones are going to be allowed the same tax concessions as given to developers of SEZs.The government is to soon issue the new......
SEZ expansion to be slackened, say experts
The revised draft of the Direct Taxes Code would now induce more and more companies to set up their units in the special economic zones before March 31, 2011 as the government has made it clear......
Decide on RIL SEZ: Centre to Maharashta
Even as the Board of Approvalson Monday approved 28 special economic zones, central government officials said the recent referendum on Reliance Industries Ltd'sproposed Navi Mumbai SEZ in Raigad......
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