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SEZs and IT Companies

Printed From: The Equity Desk
Category: Investment Ideas - Creating winning portfolios!
Forum Name: Sector talk
Forum Discription: Discussion on sectors with regard to specific matters. We will be discussing the various sectors of the economy and how they would perform. Basically a top down approach.
URL: http://www.theequitydesk.com/forum/forum_posts.asp?TID=1119
Printed Date: 07/Apr/2025 at 2:43pm


Topic: SEZs and IT Companies
Posted By: smartcat
Subject: SEZs and IT Companies
Date Posted: 05/Aug/2007 at 11:40am

Am I right in assuming that when IT companies move their business units in a SEZ, they don't have to pay tax for the earnings from that unit? What prevents IT companies like TCS/INFY from moving their entire operations into a SEZ after 2009?

So perhaps we don't have to worry about earnings drop in IT companies after 2009? All they have to do ask the employees to lug their computers/chairs with them into the new SEZ.
 


Replies:
Posted By: gwhunting
Date Posted: 23/Jun/2008 at 4:23pm
%20 - http://economictimes.indiatimes.com/IT_companies_with_SEZ_units_may_face_tax_trap/articleshow/3135545.cms


Posted By: nil_money
Date Posted: 23/Jun/2008 at 4:37pm
there are hazar regulation for starting DCs in SEZ. on top of that existing employees can not move to SEZ as company is expected to hire all new staff for SEZ. only 1 existing employee can shift to SEZ after hiring 10 professional for SEZ.

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Thanks,
Nilesh


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