9911796707
TMI BlogEffect of MAT on SEZ on InvestorsX X X X Extracts X X X X X X X X Extracts X X X X ..... Effect of MAT on SEZ on Investors X X X X Extracts X X X X X X X X Extracts X X X X ..... e 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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 appl ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ications 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-notificat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ions 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 bee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n 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.
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DS X X X X Extracts X X X X X X X X Extracts X X X X ..... Press release - PIB ..... X X X X Extracts X X X X X X X X Extracts X X X X
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