What is the benefit of setting production units in the SEZs?
(1)
A. SEZs have world class facilities such as electricity and water.
B. Companies do not have to pay taxes for an initial period of twenty
years.
C. There is rigidity in the labour laws.
D. All of the above
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Answer:
SEZ is an area in which business and trade laws are different from the rest of the country. These are located within the national border of the country. Govt. allowed foreign companies, who set up production units in theFSEZ, not to pay any tax for an initial period of 5 years.
Explanation:
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