what is special economic zone give it two advantages?
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sez's are the zone made my indian gov for mnc to establish there factories
Help to increase economy of the country
Help to increase economy of the country
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1.SEZs are special economic zones where world class facilities like water,electricity,roads,transport,education are available
2.they aim to attract foreign companies to invest in india
3.companies with production units ib SEZ do not have to pay taxes for initial period of 5 years.
4.govt. has also allowed flexibility in the labour laws to attract foreign investment
2.they aim to attract foreign companies to invest in india
3.companies with production units ib SEZ do not have to pay taxes for initial period of 5 years.
4.govt. has also allowed flexibility in the labour laws to attract foreign investment
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