Traders, consumers welcome IT relief
1 month, 3 weeks ago

Traders, consumers welcome IT relief

The Hindu  

Finance Minister Nirmala Sitharaman’s announcement that there would be no income tax for income up to ₹12 lakh has been largely welcomed by traders and consumer organisations in Tiruchi. Tamil Nadu Vanigar Sangankalin Peramaippu expressed happiness over the Finance Minister’s announcement and the increase in time limit for filing returns to four years. S.Pusphavanam, Secretary, Consumer Protection Council, Tamil Nadu, observed that the move to raise the bar for income tax has provided a “much anticipated great relief to the middle class.” “The move will spur more savings and domestic investment which will ultimately result in higher GDP growth and poverty reduction. The increase in medical seats will help expand medical education and rural health care, he said and welcomed the moves to extend healthcare for gig workers and better nutritional care for kids and pregnant mothers.

Finance Tamil Nadu Pusphavanam  relief  tax  tamil  medical  finance  secretary  welcome  consumers  seats  traders  nadu  income  welcomed

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The Hindu  

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