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TMI BlogIncentives Given for Business Units in SEZsX X X X Extracts X X X X X X X X Extracts X X X X ..... Incentives Given for Business Units in SEZs - News and Press Release Dated:- 8-5-2013 - News - The fiscal concessions and duty benefits allowed to SEZs are in built into the SEZs Act, 2005 and Rules framed thereunder. These exemptions are uniformly applicable to all SEZs and are primarily in the nature of incentives for export and are consistent with the principles that guide export promotion ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... initiatives of the Government in general. Since the enactment of the Special Economic Zones Act, 2005 and the attendant Rules in Feb 2006 a total of 577 SEZs have been approved, of which 389 have been notified as on 3rd May, 2013. Exports from SEZs have increased over ten-fold from about Rs. 34,615 Crore in 2006-07 to about Rs. 4,76,159 Crore in 2012-13. SEZs are primarily private investment dri ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ven. A statement showing state-wise employment generated in SEZs as on 31st March, 2013 is at Annexure. The contribution of SEZ exports and country exports during the last five years are as under: Financial Year Total exports of the Country (Rs. in Crores) Total SEZ Exports (Rs. in Crores) Percentage share of SEZ exports in the total exports of the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... country 2008-2009 8,40,755 99,689 11.86 2009-2010 8,45,534 2,20,711 26.10 2010-2011 11,42,922 3,15,868 27.64 2011-2012 14,65,959 3,64,478 24.86 2012-2013 16,35,261 4,76,159 29.12 In addition to Falta SEZ set up by the Central Government and two o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ther State Government/private sector SEZs set up prior to the enactment of SEZ Act, 2005 , 18 SEZs have been formally approved out of which 9 SEZs have been notified in State of West Bengal. A total of 6 SEZs are currently exporting. There are no applications pending for setting up of SEZ in the country. Annexure State-wise Employment in SEZs as on 31 st March, 2013 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Sl. No. States Employment (in persons) 1 Gujarat 51190 2 Karnataka 141366 3 Tamil Nadu 237950 4 Maharashtra 271134 5 Kerala 25701 6 Andhra Pradesh 144346 7 Uttar Pradesh 75 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 101 8 West Bengal 55656 9 Haryana 38497 10 Madhya Pradesh 12429 11 Rajasthan 13163 12 Chandigarh 6140 13 Chhattisgarh 119 14 Odisha 1715 15 Punjab 369 16 Goa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 28 TOTAL 1074904 This information was given by the Minister of State in the Ministry of Commerce and Industry Dr. D. Purandeswari in a written reply to a question in Rajya Sabha today. DS/RK (Release ID :95783) - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - T ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... axTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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