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Today Date : Thursday, February 29, 2024

FATIA thanks CM for  announcing Samadhan scheme

FATIA thanks CM for announcing Samadhan scheme

Federation of all trade and industries association of Erode district president VK Rajamanikkam, secretary Ravichandran and treasurer Muruganantham thanked CM for announcing Samadhan scheme for traders by waiving value added tax dues upto Rs 50000 for 97000 small traders and waiving 80 percent tax arrears of  Rs 50000 to Rs 10 lakh. 
The CM also announced GO would come for waiving tax arrears above Rs 10 lakh shortly. 
The sops would be a Deepavali bonanza for the traders who were longing for tax waiver scheme for the past many years and whose properties were attached by the government. 
It would revive the trade in the state, they hoped. 
Later, they submitted a petition to the SP in the SP office urging him to reconsider the decision of making TVS Street near SP office for one way traffic as it hit the textile trade in the area much.