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SEZ News

09 Dec 2022

Big Work From Home update! Govt allows WFH for THESE employees till Dec 2023

As per the conditions, SEZ unit owners have to intimate the same to the Development Commissioner of the respective zones and will have to continue to operate from the premises as per their letter of approval.

20 Jul 2022

Government’s BIG decision on Work from home! Check latest notification on WFH

The government's new rule provides work from home for a certain category of employees.

03 Jun 2022

200 women sick after gas leak in Andhra Pradesh

200 women workers of an apparels firm fell sick after a gas leakage at adjacent drugs company in Andhra Pradesh. The gas leak occurred at Porus Laboratories affecting staff of an adjacent firm in the SEZ in Atchutapuram area. The affected women complained of vomiting, headache and burning sensation in eyes.

25 Aug 2016

Adani Food's pulses processing unit proposal in SEZ rejected

The government has rejected the proposal of Adani Food and Agro-processing Park to set up a pulses processing unit in a SEZ on the grounds that export of the commodity is prohibited.

20 Aug 2016

Exemptions, incentives and GST don't go together: Commerce Secretary

Commerce secretary Rita Teaotia on Saturday told the exporting community that exemptions and incentives, which were being given for promoting exports would go away once the GST was in place.

03 Jul 2016

Reports about cancellation of Rs 200 crore fine on Adani 'incorrect': Govt

Amid reports that Adani Port and SEZ Ltd (APSEZ) was spared a hefty fine of Rs 200 crore for environmental damage during construction of Mundra port, the Environment Ministry today said the claims are "incorrect" and it had imposed "more serious" responsibility on the firm without any cost limit.

15 Apr 2016

Five developers approach govt with SEZ cancellation plea

Five special economic zone (SEZ) developers including Abex Infocom have approached the government to surrender their IT sector tax-free zones

02 Mar 2016

Less than half of notified SEZ area utilised

Of the total notified area of 45,883 hectares covering 347 special economic zones (SEZ), only 18,913 hectares has been utilised for their development, Parliament was informed today.

14 Feb 2016

Tata Steel SEZ to invest over Rs 2,000 cr in developing infra

The SEZ, which is a 100 percent subsidiary of Tata Steel, has received clearance from Odisha government for setting up an industrial park.

10 Feb 2016

Grant 5-year tax holiday to manufacturing units in SEZs: CII to Govt

Industry body CII has demanded a one-time 100 percent income tax holiday of five years for manufacturing units in special economic zones, saying that the government's decision to impose MAT and DDT was not conducive for practical viability of units operating in SEZs.

08 Dec 2015

Withdrawal of SEZ tax sops to hit exports, jobs: Trade body

The government should not withdraw any tax incentives from special economic zones as it might adversely impact exports and job creation, EPCES, a trade promotion body, Tuesday said.

Reliance Capital

03 Jun 2015

Reliance Capital to set up global commodity exchange in IFSC at GIFT City

"This allotment is expected to bring in investment of around Rs 200 crore and generate employment for around 2,500 persons in next 3 years," GIFT MD and Group CEO Ramakant Jha said in a statement.

01 Jun 2015

Foreign investment limit raised to 40% in Adani Ports & SEZ

The Reserve Bank has allowed foreign investors to invest up to 40 percent of the paid up capital in Adani Ports and Special Economic Zone Ltd (APSEZ) under the Portfolio Investment Scheme (PIS).

GMR Infrastructure

18 May 2015

Chinese companies to set up units at GMR's Kakinada SEZ; invest $3.5 bn

GMR Infrastructure has inked a pact with GIIC of China to set up units at its special economic zone (SEZ) in Andhra Pradesh`s Kakinada, which will attract an investment of $3.5 billion over the next five years, a company statement said on Monday.

Commerce Ministry

18 May 2015

SEZ: ComMin to take up denotification, extension proposals Tuesday

The Commerce Ministry will on Tuesday take up 22 proposals of SEZ developers that have approached it to surrender their tax free zones.

Gujarat High Court

11 May 2015

Gujarat HC okays Adani power, port, mining rejig

Other Adani Group firms -- Adani Ports and Special Economic Zone and Adani Power -- also informed the BSE about the development in separate filings.

05 May 2015

Infosys to Bengal: Either give SEZ or repay money

IT major Infosys has asked the West Bengal government to either give SEZ status to the company's proposed software development centre at Rajarhat or repay the money it has given in advance for the land.

06 Apr 2015

SEZ: Govt withdraws duty benefits for power plants

The Commerce Ministry in a notification on guidelines for power generation in SEZs said the directive issued in March 2012 was being withdrawn and the position of February 2009 was being restored.

22 Feb 2015

Export from Indore SEZ likely to touch Rs 3,500 cr in FY15

Export from the Special Economic Zone (SEZ) in Madhya Pradesh's Indore can touch Rs 3,500 crore in the current financial year if the bullish sentiment in global demand continues to drive the growth.

13 Feb 2015

Commerce Ministry seeks withdrawal of MAT, DDT on SEZ in Budget

The Commerce Ministry has sought a re-look at the taxation regime for the special economic zones (SEZs) in the forthcoming Budget to boost exports and investments.

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