The new income tax law requiring master distributors to clear MSME bills within 45 days sparks concern among merchants. Some reduce purchases to comply, fearing tax implications. Merchants argue customers face no such deadlines, posing payment challenges. Trade bodies seek grace periods and leniency, highlighting logistical and financial hurdles. Calls for government payments to set examples and requests for extensions underscore broader industry apprehensions over the law s impact on trade dynamics.
State of ‘smart roads’ has residents and motorists worried
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BSCL officials promise that work will be completed in six months
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BSCL officials promise that work will be completed in six months
Chief Minister B.S. Yediyurappa’s inspection of a few roads developed by Bengaluru Smart City Ltd. (BSCL) on Saturday did little to convince residents and motorists that projects will be completed any time soon. Activists and residents pointed out that he only inspected roads where work had been completed while many thoroughfares in the Central Business District remain dug up, with work progressing at a snail’s pace.