TaxTMI 
TaxTMI 
Effect of MAT on SEZ on Investors
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....ffect of MAT on SEZ on Investors <br>News and Press Release<br>Dated:- 5-12-2012<br><BR>Press Information Bureau Government of India Ministry of Commerce & Industry 05-December-2012 16:08 IST The....
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.... provisions of Minimum Alternate Tax (MAT) have been made applicable to Special Economic Zone (SEZ) Developers and Units with effect from 1st April, 2012. The SEZ sector has seen a sharp slowdown due ....
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....to a number of reasons including withdrawal of exemption from MAT and Dividend Distribution Tax (DDT) provisions, uncertain fiscal regime for SEZs, global slowdown in exports etc. The number of appli....
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....cations for denotification of SEZs has shown a significant increase in the last two financial years and the trend is continuing in the current financial year also with 40 of the total 52 de-notificati....
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....ons of SEZs having been approved in Financial Years 2010-11, 2011-12 and 2012-13 (upto 23.11.2012). Similarly, the number of new SEZs set up in 2010-11, 2011-12 and 2012-13 (as on 23.11.2012) has been....
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.... 16, 9 and 3 respectively. This information was given by the Minister of State for Commerce & Industry Dr. D. Purandeswari in written reply to a question in Rajya Sabha today. ****** DS<BR> News - ....
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....Press release - PIB....