Which one of the following is not a characteristic of SEZ? *
They do not have to pay taxes for long period
The government has allowed flexibility in labour laws
They have world class facilities
They do not have to pay taxes for an introspection period of 5 years
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Normal labour laws are applicable to SEZs, which are enforced by the respective State Governments. The State Governments have been requested to simplify the procedures/returns and for introduction of a single window clearance mechanism by delegating appropriate powers to Development Commissioners of SEZs.
Explanation:
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