Maha traders seek incentives to deal with demonetisation

Bs_logoImage
Press Trust of India Mumbai
Last Updated : Nov 22 2016 | 10:42 PM IST
Office-bearers of various retail trade associations called on Maharashtra Chief Minister Devendra Fadnavis here today, seeking a number of incentives to deal with post-demonetisation situation.
Some of their demands included increase in the income tax slab, slashing of the charge on debit and credit card transactions, separate counters for traders and retailers to deposit their cash or exchange of notes at banks.
The traders also demanded that old currency notes should be accepted for renewal of permits for restaurant owners and that the small denomination currency be brought in the market at the earliest, stated a government release.
The meeting with the chief minister was organised by the BJP's city unit president Ashish Shelar.
Fadnavis told the delegation that he would take up their demands with the central government and RBI and assured them of a positive response.
On Sunday, representatives of various trade and retail associations had called on Shiv Sena President Uddhav Thackeray claiming that they have been the worst hit by the demonetisation decision.
Trading community is a traditional vote bank of the BJP.

Disclaimer: No Business Standard Journalist was involved in creation of this content

Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Access to Exclusive Premium Stories

  • Over 30 subscriber-only stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 22 2016 | 10:42 PM IST