Q. 2

Which one of the following is not a characteristic of ‘Special Economic Zone’? [CBSE 2012]
A. They do not have to pay taxes for a long period.

B. Government has allowed flexibility in labor laws.

C. They have world class facilities.

D. They do not have to pay taxes for an initial period of five years.

Answer :

Companies who set up production units in the SEZs do not have to pay taxes for an initial period of five years.

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