Sukhbir Badal announces to set up traders advisory committee

Image
Press Trust of India Chandigarh
Last Updated : Jul 30 2014 | 8:51 PM IST
Punjab Deputy Chief Minister Sukhbir Singh Badal today announced that Punjab Government would set up a traders' advisory committee for excise and taxation department to give advice on taxation policy in the state.
Stating this here, Badal said that in the next 2 months he will meet personally to all traders' associations and Beopar mandals to redress their issues.
He said that main aim to constitute consultation committee was to ensure active participation of traders in drafting the taxation policies.
He assured that all sectors of trade sans political personalities would be given due representation in the committees.
To ease the impediments in taxation, Deputy CM also advocated the implementation of 'trade wise tax' in the next six months.
He informed that the excise department has been directed to prepare the data of each trade and fix tax slabs for each sector in consultation with the representatives of Industrial houses.
Badal also said that state government has launched 'Rahat Scheme' for traders to pay lump sum taxes besides providing insurance cover to all traders.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 30 2014 | 8:51 PM IST

Next Story