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Customs allows e-clearance for moving laptops

The Customs clearance required for moving equipment like laptops, desktops, etc out of SEZ units was delaying things as the clearance had to be taken in person after a first level of approval......

RBI further tightens gold import rules to tame demand

In yet another step to contain the current account deficit, the Reserve Bank on Monday imposed restrictions on gold imports by banks and other authorised agencies. As per the new norms, all banks......

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......

India may scrap SEZ policy

Existing units stay operational; those approved may not be notified, land could be used for other purposes Plagued by a series of controversies and scams, it seems, the government is finally......

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......

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