HCL Tech asks Centre to consider health insurance as authorised services eligible for SEZ benefits

HCL Technologies Ltd has appealed to the Centre against the decision of the Approval Committee of the NOIDA SEZ (NSEZ) rejecting its request for considering group health and medical insurance services for employees in a unit as authorised operations eligible for tax benefits.

“The matter will be considered by the Board of Approval for SEZs in its meeting on February 14,” said an official. The unit is based in HCL’s IT/ITES SEZ in Noida. The BoA — chaired by the Commerce Secretary — is the top decision making body for SEZs.

The representatives of the unit in Noida, in their request considered by the Approval Committee, had pointed out that by insuring the health and medical needs of employees, the company ensured productivity in their operations.