The developers, basically real estate players such as DLF and Hiranandani Group, can now use their vacant spaces like domestic tariff areas (DTAS) for purposes other than IT and ITeS, subject to riders and a nod from the Board of Approval. A notification amending the SEZ Rules, 2006, issued by the ministry, said a part of the SEZ could be declared "non-processing area" where free-zone rules would not apply. The non-processing area, which has to be a complete floor, will free companies from various compliance rules that apply to SEZ units.
These compliances relate to monthly and annual progress reports in terms of investments made, revenues, and foreign exchange earned as well as complete security over goods imported duty-free and movements of persons, etc.
هذه القصة مأخوذة من طبعة December 08, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة December 08, 2023 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
Nearly ₹1 trn unspent welfare funds lying in states' accounts
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India's merchandise trade deficit widened to nearly $23 billion in January, compared with $16.5 billion a year earlier, as the value of exports dropped amid subdued demand for petroleum products and global economic uncertainties.
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> K Vijay Vardhan Rao, Senior President Marketing, Maha Cement, highlights the unique steps taken to weave sustainability into the brand fabric
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Ensuring manufacturing growth consistent with our development aims requires the government becoming less entrepreneurial and the corporations becoming much more entrepreneurial
