Editorial Desk SEZ India Invest
In the last 10-15 years we have seen a dramatic development in our country India. And this pattern continued on the special economic Zone as well. But the Budget 2012 brought to us only disappointment which was previously indicated in the implication of MAT on the SEZ units in the budget of 2011. The drastic effect of MAT implication on the SEZ units has shown regressive trends in the economical pattern of investment and it was expected that honorable Finance minister, Mr. Pranab Mukherjee would evade MAT on the SEZ but nothing as such happened.
The state of threat that has been poised into the SEZ investment pattern by the proposed implications of the DTC bill continue to long, because there was no clarification as such in this budget regarding the state of the clauses that propose abolition of the reliefs or benefits granted to SEZ units in the upcoming Direct Tax Code (DTC). In this present grim scenario SEZ Horizon discuss with you on some relevant issues. AJAY DABAS, Director of CERTES REALTY LTD expressed his view on the article "SEZ: A vision gone awry". "Special Economic Zones in India – The Ground Realities" by Amitava Basu is a knowledgeable blog on the present economic scenario. Mr. Surendra A. Sharma shares his insight in the article titled "SEZ polices: Fine tuning needed for greater impact".
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