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KCCI Demands Tax Relief to Metro-hit Traders

The Kerala Chamber of Commerce and Industry  (KCCI) has said that the state government should give relief to the business establishments affected by the construction of the Kochi Metro Rail by waiving them various taxes, electricity and water fares.

Published: 20th February 2014 08:22 AM  |   Last Updated: 20th February 2014 08:22 AM   |  A+A-

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The Kerala Chamber of Commerce and Industry  (KCCI) has said that the state government should give relief to the business establishments affected by the construction of the Kochi Metro Rail by waiving them various taxes, electricity and water fares.

E P George, chairman of the Kerala Chamber of Commerce and Industry, said on Wednesday that the entire business community supported the demand raised by the CPM Ernakulam district committee in this regard.

Hundreds of establishments functioning on  either sides of the stretch from Aluva to Pettah, where the Metro Rail work was in progress, were in deep trouble as business has plunged owing to the construction activities and the low volume of passenger traffic, the CPM district committee had stated the other day. It said the Corporation, the municipalities of Aluva and Kalamassery and the Choornikkara panchayat should extend relief to the businessmen in trade licence charge, land tax and other taxes with retrospective effect, the statement said.

The contractors are not obeying the traffic regulations on either side of the road. It sought the immediate intervention of district administration, the state government and the local self-government bodies.

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