Do not have to pay taxes for the initial period of 5 years

globalisation-indian

#1

do not have to pay taxes for the initial period of 5 years. What are Special Economic Zones? Why have they been set up?


#2

EZs are special economic zones where world class facilities like water, electricity, roads and transport, recreation, education are available. They have been set up to promote foreign companies to invest in India.
Companies with production units in the SEZs.