Industrialists cite fresh COVID curbs, seek renewed support
Industry leaders have urged the government to extend the timelines for compliance under the numerous corporate and taxation laws and to consider repeating some of the support measures that were extended to businesses after the national lockdown in March 2020, given the fresh local restrictions imposed in different parts of the country, including Maharashtra and Delhi.
Observing that the central government had acted swiftly last year and extended the timelines for compliance under various laws, PHD Chamber of Commerce and Industry president Sanjay Aggarwal told Finance Minister Nirmala Sitharaman, at an interaction on Thursday, that the same steps and support measures were required this year too.
Ms. Sitharaman assured industry that its inputs would be considered, a statement from the finance ministry cited her as having said. The minister had also stressed that the way to tackle the current situation was through micro containment zones ‘so that life and livelihood can be protected’.
Source: The Hindu
