Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
 
 
 
 
Popular Search: list of goods taxed at 4% :: TDS :: form 3cd :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: due date for vat payment :: VAT RATES :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: empanelment :: articles on VAT and GST in India :: VAT Audit :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT
 
 
« General »
 DHFL loan to Manpreet Estates under tax scan
 Council acts to ease cascading tax impact on petroproducts
 Income Tax comes a cropper tracking shell firms
 Income Tax returns: Is rental income from property taxable in hands of homeowners?
 Tax department to engage with corporates to spur receipts
 Furnish Form 67 to claim foreign tax credit in India tax return
 GST: Commerce ministry to write to finance ministry over trademark rule
 GST: Govt issues clarification to address service tax issues, misses key concerns
 How to file LUT/Bond for SEZ units under GST
 Exemption From Capital Gains On Sale Of Agricultural Land
 FinMin wants RBI to lower rates, boost domestic demand

Govt okays 11 SEZs
September, 17th 2010

The government today cleared eleven proposals to set up special economic zones (SEZs), including those of Infosys and Wipro.

Developers, however, have expressed concern over the impact of the provisions of the direct taxes code (DTC) on investments in SEZs.

In its meeting here, the inter-ministerial board of approval (BoA) approved Infosys proposal to build an IT zone over 24.4 hectares in Karnataka.

Wipro got approval for two tax-free enclaves of over 19.4 and 29.9 hectares in Karnataka.

The DTC bill has proposed that only SEZs notified on or before March 31, 2012, will get tax waivers. Also, only those units that start commercial operations by March 2014, will get profit-linked deductions under the Income Tax Act, 1961.

Analysts said the scrapping of tax benefits would make the SEZs unattractive for industrial units.

Only IT units can become operational within that time period. Manufacturing units take much longer to be set up.

The BoA approved stainless steel producer JSLs proposal to surrender its SEZ in Orissa, said D. K. Mittal, additional secretary in the commerce ministry.

It also agreed to realty major Raheja Universal Ltds request to surrender its SEZ in Maharashtra.

Jawaharlal Nehru Port Trusts multi-product SEZ in Mumbai got the green signal.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Wholesale Silver Jewelry

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions