The event was attended by Minister for Commercial Tax and Registration P. Moorthy. “This scheme is the first of its kind in Tamil Nadu and will benefit around 25,000 small traders from the four districts and Hosur region,” the Minister said. As per the scheme, traders whose dues were below ₹50,000, including taxes, interest and penalty, were eligible for a complete waiver. “All kinds of traders will benefit from the scheme, but the sum written off differs for each category, ensuring that no unfair advantage is given to bigger traders,” Mr. Moorthy said. But through this scheme, the State government is hoping to provide relief to traders,” the Minister said.

Source: The Hindu November 08, 2023 14:08 UTC