A 23-year exemption from sales tax and federal excise duty has also been granted to businesses that will be established inside the Gwadar Free Zone. However, if these businesses make supplies and sales outside the free zone, they will be subject to taxation.
Does India have a plan to build Gwadar?
Retrieved 28 May 2016. But India’s additional investment pales in comparison to China’s pledge of $46 billion to develop the Pakistani port of Gwadar, not even 125 miles [200 km] from Chabahar, along with an accompanying network of railways, pipelines, and roads to connect with western China.
What is the price of soyabean & groundnut in India?
In case of oilseeds, soyabean was ?4,268/quintal (-12.8 per cent), groundnut was ?5,817/quintal (-14.2 per cent) and sunflower ?5,496/quintal (-24.5 per cent) this month. On September 12, the all India average mandi price of soyabean was ?4,521/quintal, groundnut was ?5,885/quintal and sunflower ?4,874/quintal.
Why did Gwadar dredging project cost Rs 1 billion?
Officials attributed the cost overruns to the Gwadar Port Authority (GPA) and the Ministry of Maritime Affairs, which had developed the dredging project the previous year at an estimated cost of Rs 1 billion for the delivery and diversion of a few 50,000 DWT cargo ships due to navigational challenges.