Modi to meet officials tomorrow to sort out SEZ woes
June 13, 2014  13:35
Seeking to revive the beleaguered Special Economic Zones, Prime Minister Narendra Modi will hold a meeting of the officials of commerce and finance ministries tomorrow to sort out the taxation and other problems hampering the implementation of the scheme.

The meeting, according to sources, will be attended by Commerce Secretary Rajeev Kher and Revenue Secretary Rajiv Takru.

"Issues such as impact of imposition of minimum alternate tax and dividend distribution tax on SEZs; issues of conflict between revenue and commerce department will come up for discussion in the meeting," a source told PTI. Besides other things, the issues concerning inter- ministerial differences, especially between the finance and the commerce ministries over tax sops and loss of revenue are also likely to come for scrutiny at the meeting.
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