TMI BlogObjectives of the SchemeX X X X Extracts X X X X X X X X Extracts X X X X ..... al economic zones under section 80-IA of Income-tax Act read with rule 18C(2) of Income-tax Rules SO 100(e), dated 24-1-2002 In exercise of the powers conferred under section 80-IA of the Income-tax Act, 1961, read with sub-rule (2) of rule 18C of the Income-tax Rules, 1962, the Central Government hereby makes the following scheme to develop, operate and maintain Special Economic Zones fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eveloped and managed in the private sector or jointly by State Government and a private agency or exclusively by the State Government or their agencies. In the case of privately developed zones, the investors could be either Indian individuals, NRIs, Indian or foreign companies. (c) New infrastructural development works such as construction of Standard Design Factory Building etc. may also be ..... X X X X Extracts X X X X X X X X Extracts X X X X
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