{"id":223385,"date":"2019-12-18T18:30:20","date_gmt":"2019-12-18T13:00:20","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=223385"},"modified":"2019-12-18T18:55:16","modified_gmt":"2019-12-18T13:25:16","slug":"tripura-gets-its-first-special-economic-zone-sez","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2019\/12\/18\/tripura-gets-its-first-special-economic-zone-sez\/","title":{"rendered":"Tripura gets its first Special Economic Zone (SEZ)"},"content":{"rendered":"<p style=\"text-align: justify;\">The Ministry of Commerce and Industry has notified the setting up of the first-ever Special Economic Zone (SEZ) in Tripura on December 16, 2019.<\/p>\n<p style=\"text-align: justify;\">The SEZ is being set-up at Paschim Jalefa, Sabroom, South Tripura District, which is 130 km away from Agartala. It will be a Sector-Specific Economic Zone for Agro-Based Food Processing.<\/p>\n<p style=\"text-align: justify;\">The estimated investment in the project will be around 1550 Crore. The developer of the SEZ will be Tripura Industrial Development Corporation (TIDC) Ltd. The SEZ is estimated to generate 12,000 skilled jobs. Rubber-based industries, textile and Apparel Industries, bamboo and Agri-food Processing Industries will be set-up in the SEZ.<\/p>\n<p style=\"text-align: justify;\">Setting up of the SEZ in Sabroom will open up new avenues to attract private investment considering the proximity of the Chittagong Port and construction of the bridge across Feni River in South Tripura which is underway.<\/p>\n<p style=\"text-align: justify;\">After it is set up, 100 percent Income Tax exemption will be provided on export income for SEZ units under Section 10AA of the Income Tax Act for the first 5 years. Also, 50 percent exemption will be provided for the next 5 years and 50 percent of the ploughed back export profit for another 5 years.<\/p>\n<hr \/>\n<p><strong>Ministry of Commerce &amp; Industry<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Press Release dt. 18-12-2019]<\/strong><\/p>\n<p style=\"text-align: right;\"><strong>[Source: PIB]<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Commerce and Industry has notified the setting up of the first-ever Special Economic Zone (SEZ) in Tripura on December <\/p>\n","protected":false},"author":8808,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[38928,38927],"class_list":["post-223385","post","type-post","status-publish","format-standard","hentry","category-legislationupdates","category-notifications","tag-special-economic-zone","tag-tripura"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Tripura gets its first Special Economic Zone (SEZ) | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2019\/12\/18\/tripura-gets-its-first-special-economic-zone-sez\/\" \/>\n<meta property=\"og:locale\" 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The provisions came into effect on 24-2-2023. Rule 21 B has been inserted providing Units dealing with aircraft leasing activities. Where any unit in an International\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"Ministry of Commerce and Industry","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/Ministry-of-Commerce-and-Industry.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/Ministry-of-Commerce-and-Industry.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/Ministry-of-Commerce-and-Industry.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/02\/Ministry-of-Commerce-and-Industry.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":306994,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/11\/11\/special-economic-zones-fourth-amendment-rules-2023-legal-news\/","url_meta":{"origin":223385,"position":2},"title":"Hybrid Working outside SEZ permitted until 31-12-2024 vide Special Economic Zones (Fourth Amendment) Rules, 2023","author":"Kriti","date":"November 11, 2023","format":false,"excerpt":"On 7-11-2023, the Ministry of Commerce and Industry notified the Special Economic Zones (Fourth Amendment) Rules, 2023 to amend the Special Economic Zones Rules, 2006. The provisions came into force on 7-11-2023. Key Points: Rule 43-A relating to \u201cHybrid working\u201d has been revised. The following categories of employees can be\u2026","rel":"","context":"In &quot;Legislation Updates&quot;","block_context":{"text":"Legislation Updates","link":"https:\/\/www.scconline.com\/blog\/post\/category\/legislationupdates\/"},"img":{"alt_text":"ministry of commerce and industry","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/ministry-of-commerce-and-industry.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/ministry-of-commerce-and-industry.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/ministry-of-commerce-and-industry.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/07\/ministry-of-commerce-and-industry.webp?resize=700%2C400&ssl=1 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