Puduvai News

Revoke VAT hike in Pondy :Narayanaswamy

Puducherry, January 10th

  Union Minister of State in the PMO, V Narayanasamy, today demanded that the Puducherry government revoke the hike in Value Added Tax as the Union Territory was still recovering from the impact of cyclone Thane. "This is a step in the wrong direction and is adding insult to injury and hence the rise in tax should be revoked to avoid dislocation in reactivating business activities in cyclone ravaged Puducherry," he said. Narayanasamy also charged that the Union Territory administration had been slow in implementing relief and rehabilitation works in cyclone-hit areas. Restoration of power and water supply was yet to be completed in several places, he said. Narayanasamy, who said that the Centre would announce today evening an interim relief to the Union Territory to tackle the situation arising out of cyclone Thane

 

Jan 10, 2012
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