SEZ reboot: Will it be a simple policy tweak or a major overhaul?

Economy



There is a strong chance that Finance Minister Nirmala Sitharaman may actually propose to redraw the SEZ policy, linking fiscal incentives to employment and investments. The SEZ Act of 2005 stipulated incentives only for exporters with an in-built sunset clause of direct tax benefits kicking in from April 1, 2020.



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