SEZ, engineering, textiles sectors get booster dose in Foreign Trade Policy

摘要

The government today announced relief for special economic zones (SEZs) by tweaking the minimum-land-area requirement and allowing change in ownership. In its last supplement to the Foreign Trade Policy (FTP), 2009-14, the commerce department, however, did not meet the much-awaited demand for doing away with the minimum alternate tax (MAT) on SEZs. Commerce & Industry Minister Anand Sharma said the issue did not fall under his purview an4 he had. conveyed exporters' concerns to the finance ministry.