Special Economic Zone development scheme allows integrated export infrastructure and multiple public private development modes under income tax provisions. Scheme establishes a tax-linked framework for developing, operating and maintaining Special Economic Zones to promote integrated export-oriented ... Summary
Special Economic Zone development scheme allows integrated export infrastructure and multiple public private development modes under income tax provisions.
Scheme establishes a tax-linked framework for developing, operating and maintaining Special Economic Zones to promote integrated export-oriented infrastructure and activities. Components include roads, airports, ports, transport systems, power generation and distribution, telecom, hospitals, hotels, educational institutions, leisure units, residential/industrial/commercial complexes, water supply, sanitation and sewerage. Development models include private, joint (State-private) or exclusive State development, with private investors encompassing Indian individuals, NRIs and Indian or foreign companies, and provision for new infrastructure in converted Export Processing Zones.
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