SEZ tax sops withdrawal to hit exports

anthony (Finance) (7918 Points)

15 July 2011  

Withdrawal of tax benefits from special economic zones (SEZs) would adversely impact India’s exports and economic sentiments, Assocham on Thursday said. “Developers have invested huge money in SEZs. If tax benefits are not given, there will be adverse impact on exports and economic sentiments,” the chamber said. - www.business-standard.com