Due to Corona, many big changes have been seen within the countries. Talking about India, the culture of working from home was seen here, which was a new experience for the working people. However, it is also said that work-from-home culture benefits the people and the company. This results in cost reduction for the company. But it is not so; now, many companies have started calling their employees back to the office. Let us tell you why companies have to make this decision.
Attendance Case For SEZ Benefits
The government makes many tax exemptions available if the IT company is in SEZ, i.e., Special Economic Zone. However, the government has imposed many rules for the company, out of which one rule is that the company should have at least the prescribed percentage of total employee attendance in the office within a month.
Relaxation Was Given In Corona
At the time of COVID-19, these rules were relaxed by the government, and a lockdown was imposed in the entire country. But now that the situation has become normal, the rules have once again been imposed on the companies. Therefore, TCS, Infosys, HCL, and Wipro have ordered their employees to work from the office.
How Much Does SEZ Benefit?
Now, the question comes: What are the company’s benefits in SEZ? In the SEZ area, the company can buy goods with duty-free import. Along with income tax, there are exemptions in many types of taxes. The biggest thing is that a loan of 500 million dollars, i.e. 50 crore rupees, can be taken from any bank in a year.
