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Tax-free zone

Area within the territory of a country in which customs duties and other types of indirect taxes are not applied.

News On Tax free zone
CAG says SEZs taxed more than domestic tariff areas  

28-11-2014| Source:CNBC-TV18

The CAG report shows that SEZs are being taxed about 37 percent, which is higher than domestic tariff areas. But the government is not ready to make life easier for SEZs just yet.

FinMin rejects demand for removal of MAT, DDT on SEZs  

28-11-2014| Source:PTI

As of now a total of 196 SEZs are functional with maximum number of such zones in the state of Tamil Nadu (36), followed by Maharashtra and Karnataka (25 each) and Telangana (24).

'Govt may address inverted duty structure issue in Budget'

25-11-2014| Source:PTI

Under inverted duty structure, finished goods are taxed at lower rates than raw material. "Inverted duty structure is a very, very complex issue. It is an issue which has adversely impacted

India coming out of economic slowdown: OECD

19-11-2014| Source:PTI

But to achieve 8 percent growth, India will have to switch subsidy spending to social and physical infrastructure, bring in tax reforms, clean up the banking system to free up funds

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