Reduction in land area requirement to be game changer for SEZs

Special economic zones (SEZs), once a major attraction for investors, lost their sheen following a combination of economic slowdown, adverse tax changes like the imposition of minimum alternate tax (MAT) and dividend distribution tax (DDT), and acute difficulty in aggregating large tracts of barren...

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Bibliographic Details
Published inFinancial Express
Main Author Chugh, Rajiv
Format Newspaper Article
LanguageEnglish
Published New Delhi Athena Information Solutions Pvt. Ltd 10.09.2013
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Summary:Special economic zones (SEZs), once a major attraction for investors, lost their sheen following a combination of economic slowdown, adverse tax changes like the imposition of minimum alternate tax (MAT) and dividend distribution tax (DDT), and acute difficulty in aggregating large tracts of barren vacant land.