Without regular and required amount of energy, how can the much-hyped SEZ set up long ago function? The government has an ambitious plan of setting up 14 Special Economic Zones (SEZs) in all provinces—two each in every province—to promote export oriented industries. In order to promote export, then Parliament enacted SEZ Act in 2016, offering various incentives to industries that utilise domestic and imported raw materials and labour in the SEZ. The law has guaranteed income tax exemption for those industries inside the SEZ for the first five years of their establishment. Besides, those industries that use up to […]
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