Social Sciences, asked by srtrtayal3, 1 year ago

What are the steps taken by government to attract MNC's into India (special economic zone )?

Answers

Answered by commercian12

government gives discount in many taxes to MNC to attract them and also gives subsidies. And special thing is that labour in India is cheap. So MNC want to invest in India . Government just have to give them a proper offer.

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Answered by Priatouri

The following are the main steps taken by the government of India to attract Multi-National Companies.

Explanation:

The following are the main steps taken by the government of India to attract Multi-National Companies:

Special Economic zones have been set up by the Indian government which provides world-class facilities such as water, electricity, transport, etc.
Companies set up in such zones do not have to pay taxes for a period of initial five years.
The Indian government has also allowed versatility in the labor laws to draw foreign investment.

Learn More:

What steps have been taken by the government to attract foreign investment and why?

brainly.in/question/5895327

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