Budget 2022: SEZ Act getting ready for a makeover

The government has begun work to replace the Special Economic Zones (SEZ) Act with a new legislation that will cover industrial enclaves and revive these zones as engines of growth. The ministries of commerce and industry and finance are thrashing out the details for SEZs to be able to sell goods in the domestic market … Read more

Record surge in corporates setting up shops at IFSC, GIFT City

International Financial Service Centre (IFSC), a global special economic zone at GIFT City Gujarat, has seen a record surge in the number of corporates eager to do business in the region that offers competitive incentives. It has added as much as 37 business units since October in several segments covering the capital market which includes … Read more