The government today allowed Maytas Ventures, promoted by the kin of disgraced B Ramalinga

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Raju, to surrender its biotech SEZ and approved three new proposals, including that of Brooke Bond Real Estates IT/ITES tax-free enclave in Karnataka.

The Board of Approval (BoA) headed by Commerce Secretary Rahul Khullar permitted the Hyderabad-based Maytas Ventures to withdraw its SEZ provided the company refunds the Rs 31 lakh service tax exemption.

The Board deferred a decision on a request from Mukesh Ambani-promoted Reliance Haryana SEZ seeking more time to complete the multi-product zone at Gurgaon, an official said.

The developers have already been given extension twice. Briefing reporters after the meeting, Khullar said the issue of decentralisation of BoA's power would be taken up by a group of senior officials.