2007-12-18 18:39:35 · 10 answers · asked by Anonymous in Dining Out ➔ India ➔ Mumbai
SEZ means "Special Economic Zones"
It will increase economic growth but increasing the number of SEZs has very negligible effect on economic growth.
2007-12-18 18:42:44 · answer #1 · answered by pradeep k 1 · 0⤊ 2⤋
SEZ is "Special Economical Zone"
A Special Economic Zone (SEZ) is a geographical region that has economic laws that are more liberal than a country's typical economic laws. The category 'SEZ' covers a broad range of more specific zone types, including Free Trade Zones (FTZ), Export Processing Zones (EPZ), Free Zones (FZ), Industrial Estates (IE), Free Ports, Urban Enterprise Zones and others. Usually the goal of an SEZ structure is to increase foreign investment.
If you have a office in SEZ you get all the benefits in income TAX and other TAX benefits from Government.
2007-12-19 03:05:16 · answer #2 · answered by xclancy 2 · 0⤊ 1⤋
SEZ means Special Economic Zone. The government has identified certain areas as SEZ and if anyone or any company wants to begin a company/industry in this zone they will be many exceptions/concession from the government.
2007-12-18 19:15:32 · answer #3 · answered by Jane 3 · 0⤊ 1⤋
EZ is abbreviation of Special Economic Zone".
This is created in some areas specifically for Industries of diverse of types.......or each SEZ is for one class of Industry.This zone is not a residential area and usually in the outskirt of Big Cities or just a ZONE which may not be veryclose to any city.This reduces pressure on a city and this is well connected with rails and roads so that movement of goods is easy and economic.The Banking has to be at close range and in some State special advantages are being extended to the newly formed Industries those zones......such as, subsidised power supply, easy availablity of water and some tax benefits.Even the Central Govt. encourages the growth of similar Zones for quick industrialisation and generation of employment oportunities to eradicate poverty and unemployment.
2007-12-21 04:52:34 · answer #4 · answered by bikashroy9 7 · 0⤊ 0⤋
Special Economic Zone, where the enterpreneurs are given benefits in Taxes....and these SEZs are developed by the Govt or Govt and Private Parties both ....where all the infrastructre like road,power and Drainage etc., are developed by the Agency and .... industries are allowed to come up
2007-12-18 21:32:52 · answer #5 · answered by ramarao p 4 · 0⤊ 1⤋
this is the Dining Out section
since SEZ has nothing to do with restaurants, you have posted your question in the wrong section
please learn to use yahoo answers properly
thank you
2007-12-19 08:38:00 · answer #6 · answered by Anonymous · 0⤊ 0⤋
tax free holiday for industries opening in SEZ
2007-12-19 20:54:53 · answer #7 · answered by Anonymous · 0⤊ 0⤋
Special Economic Zone.
2007-12-18 18:46:00 · answer #8 · answered by Gamma 2 · 0⤊ 1⤋
SEZ means ''Special Economic Zone'' . its made for better economic growth . they divided india in zone. and try to make devlope them . and central government is watch on it.
they not only devlope the zone with infrastucture they also try to devlope in socialy .
thise is sez
2007-12-18 18:58:00 · answer #9 · answered by nilesh g 1 · 0⤊ 1⤋
Its software export zone.Government gives some facilities/benefits for business development to bring home more revenue.
2007-12-18 18:49:13 · answer #10 · answered by Anonymous · 0⤊ 1⤋