FULL FORM OF SEZ

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WHAT IS SEZ


     SEZ stand for Special Economic Zone .It is an area where the business and trade law flexible from the rest of the country. SEZs are located within a country's national borders. Its aims are to increased trade balance,increased investment,employment and effective administration. To encourage business setup in this zone flexible financial policies are introduced. The companies which are set up in special economic zone are enjoyed lower taxation for a certain period.

    The special economic zone is created by the host country to attract the foreign direct investment. The companies of special economic zone benefits so that it can produce and trade goods at lower price,aimed at being globally competitive.

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FULL FORM OF NSCCL

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