Sponsored
    Follow Us:
Sponsored

There is a need to focus on single window clearance for speeding up the progress of Special Economic Zones, according to Mr D.K. Mittal, Additional Secretary, Department of Commerce, Government of India.

Addressing the participants in an open house organised by Export Promotion Council for EOUs and SEZs (EPCES), Mr Mittal said the objective of the SEZ Act was to give a boost to exports and industrial growth by attracting investments, among others.

On the concerns of the likely curtailing of benefits being given to SEZs in the proposed Direct Tax Code, the official said he said that it was for both theDepartment of Commerce and developers to present a case before the Parliamentary Committee for continuing the benefits.

While lauding Andhra Pradesh for setting up the highest number of SEZs in the country, he however, said there was scope for much improvement.

———————-

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Ads Free tax News and Updates
Sponsored
Search Post by Date
December 2024
M T W T F S S
 1
2345678
9101112131415
16171819202122
23242526272829
3031