Rahejas got extension to set up SEZ in Goa. http://www.flickr.com/photos/14948...@n02/3594771002/sizes/l/
Central Government (commerce) Secretary J.K.Pillai (BOA) has given extension to DLF company (Raheja Group) to set up SEZ at Goa, Hyderabad and Mumbai. Rahejas get more time to build SEZ http://oheraldo.in/pagedetails.asp?nid=22616&cid=2 HERALD CORRESPONDENT NEW DELHI, JUNE 2 The Board of Approvals (BoA) of the Union Commerce Ministry has allowed more time to the K Raheja group to build its tax-free Special Economic Zones (SEZs) in Goa, Hyderabad and Navi Mumbai, a ministry official told Herald today. The BoA also gave in-principle approval to DLF Ltd to denotify four of its IT/ITES SEZs in Gujarat, West Bengal, Orissa and Haryana. The real estate major did not want to go ahead with the project because of a slowdown in the real estate business. The BoA directed DLF to return all the tax sops it had availed before the denotification of its SEZs. The Department of Revenue, Customs (authorities) and Development Commissioners have been entrusted with the job of getting the refund from DLF. SEZs enjoy a slew of tax sops under the law. Faced with a cash crunch, DLF’s promoters had sold a nearly 10 per cent stake in the company on 13 May to raise Rs 3,860 crore for clearing debts. SEZ decision: Matanhy slams Centre 4 Jun 2009, 0549 hrs IST, TNN http://timesofindia.indiatimes.com/Goa/SEZ-decision-Matanhy-slams-Centre/articleshow/4614656.cms Shrikant Vinayak Barve 9403175973 Own a website.Get an unlimited package.Pay next to nothing.*Go to http://in.business.yahoo.com/
