Law

What is Special Economic Zone.? ACT, 2005

SPECIAL ECONOMIC ZONES ACT, 2005

Special Economic Zone (SEZ) are growth engines that can boost manufacturing, augment exports and generate employment. Special Economic Zone (SEZ) is a specifically delineated duty free enclave and shall be deemed to be foreign territory for the purposes of trade operations and duties and tariffs. The SEZs require special fiscal and regulatory regime in order …

What Is Mutual Fund

What Is A Mutual Fund

Mutual fund is a mechanism for pooling the resources by issuing units to the investors and investing funds in securities in accordance with objectives as disclosed in offer document. Investments in securities are spread across a wide cross-section of industries and sectors and thus the risk is reduced. Diversification reduces the risk because all stocks …