Cost Recovery of the posts in newly notified SEZs under the SEZ Act, 2005-regarding.

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....rding. A number of Zones have been notified under the Special Economic Zone Act, 2005 and others are at various stages of approval. Each of these zones have been approved with a standard staffing pattern depending on the class that they belong to. These zones have been established at the request of the developers who operate them as business entities It is obligatory on the part of developers to ....

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....s regularly credited to his GPF Account. (iii) Furnished office accommodation with required facilities, local transport, phone facility (Office)&(Residence) and mobile phone with handset as per the entitlement prescribed by the Central Government for the officer of equivalent level shall be provided by the Developers. (iv). Actual date of joining the zone and reporting to the Department of Comme....

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....ch half year thereafter of the financial year, demands shall be made by the fifteenth day of the last month of the financial year and payment is to be made before the commencement of the half year for which demand is issued. Delay in payment may entail a penal interest of 12% (iii) The calculation for both the half years shall include an adjustment for changes in dearness allowance as well as enh....