https://www.taxtmi.com/news?id=12378 Grant of in-principle approval for five National Investment and Manufacturing Zones requires state governments to acquire necessary land prior to investment. The National Manufacturing Policy offers capital gains relief for reinvestment of sale proceeds from plant and machinery into new plant and machinery within three years in the same or another NIMZ; rollover relief for individuals who reinvest residential sale proceeds into equity of new start-up manufacturing SMEs for plant and machinery; an expedited exit mechanism protecting labour interests; and third-party environmental inspection by designated agencies. en-us Mon, 10 Feb 2014 18:14:10 +0530 Mon, 10 Feb 2014 18:14:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12378 Grant of in-principle approval for five National Investment and Manufacturing Zones requires state governments to acquire necessary land prior to investment. The National Manufacturing Policy offers capital gains relief for reinvestment of sale proceeds from plant and machinery into new plant and machinery within three years in the same or another NIMZ; rollover relief for individuals who reinvest residential sale proceeds into equity of new start-up manufacturing SMEs for plant and machinery; an expedited exit mechanism protecting labour interests; and third-party environmental inspection by designated agencies. News - Mon, 10 Feb 2014 18:14:10 +0530 https://www.taxtmi.com/news?id=12378