Tax concession for Special Economic Zones 09/03/2010
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Tax concession for Special Economic Zones
09/03/2010
The Government is likely to allow SEZs to enjoy tax
benefits in their current form even after the proposed
direct tax code is implemented.
This move comes after
the commerce department’s demand for clarity on
taxation of SEZs, arguing that the proposed direct
taxes code had created uncertainty amongst existing
and potential investors over the kind of tax breaks they
would get once the new code is in place.
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