Industry gives a thumbs up, but local taxes a concern

Solan, March 6

The Baddi-Barotiwala-Nalagarh(BBN) Industries Association has welcomed the Budget and said most of their suggestions of making the BBN belt more livable have been accepted.

Distant Dream

Though no tax has been levied, failure to do away with state-level levies like additional goods tax and certain goods carried by road tax have, however, disappointed the steel industry which had demanded their abolition.

“The industry appreciates the pragmatic and visionary announcements made by the Chief Minister in the Budget speech for inclusive development of the state. The major announcements like making a detailed master plan by improving the BBN infrastructure, exploring possibilities of developing new township in the area, increase in the outlay of the CM Swavlamban Yojna and making available additional police personnel for the industrial belt are appreciable,” said Sanjay Khurana, association president.

Others measures like setting up a science and development centre at Shoghi, a waste disposal scheme to make bricks and tiles from plastic waste, bringing unorganised food processing units under the Aatam Nirbhar Bharat were also encouraging.

Though no new tax has been levied, failure to do away with state-level levies like additional goods tax and certain goods carried by road tax have, however, disappointed the steel industry which had demanded their abolition. —TNS