Multiple choice

Under the provision of SEZ act, the units are allowed 100% tax exemption for the first

  1. 4 years

  2. 5 years

  3. 7 years

  4. 10 years

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Under the Special Economic Zones (SEZ) Act, units are granted a 100% income tax exemption on export income for the first five years of their operation. This incentive is designed to promote exports and attract foreign investment.