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Home Press Releases

Traders Association Central Lal Chowk highlights budget provisions supporting local traders

INS Correspondent by INS Correspondent
December 26, 2024
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Traders Association Central Lal Chowk highlights budget provisions supporting local traders
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Srinagar, Dec 26: Traders Association Central Lal Chowk Srinagar has highlighted the budget’s provisions that support the local trading community.

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The demand has highlighted during a meeting, held under the chairmanship of Imtiyaz Ahmad Kitab Bilal Ahmad Dar and Shiraz Ahmad Mir.

This budget prioritizes traders needs, fostering a conducive business environment, a statement issued to INS reads.

Tax Relief

The budget reduces tax rates for small and medium- sized enterprises, easing financial burdens

Infrastructure Development

Allocations for market infrastructure upgrade will enhance trading conditions.

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Simplified Regulations

Streamlined licensing and permit processes reduce bureaucratic hurdles.

Support for local businesses

Initiatives promoting local trade and commerce will boost economic growth.

“Hope this budget demonstrates our commitment to traders success.we will continue support local businesses, driving economic growth,” the statement added.

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