Seemandhra region is expected to be a hub for growth in the next 10 years span. Recently, union minister Ramesh visited Tirupathi. He revealed that Seemandhra region will get a total of 50000 Crores additional bonus just because of the special category tag.
Apart from the package from the central government, the special category tag holds a total sum of 50000 Crores. This includes benefits like less tax and prices. Looks like, Congress government is tempting Seemandhra folks with this promotions. Few analysts are saying that the Seemandhra people will get addicted to the less tax benefits in the next few years.
Soon after the expiry of the special category tag, Seemandhra people need to adjust their income to pay high tax levels. “Can they adjust themselves to that change?” turned out to be a hot topic. Even if they are getting 50000 Crores bonus, they may feel it as a ban after the completion of the period.
Apart from the package from the central government, the special category tag holds a total sum of 50000 Crores. This includes benefits like less tax and prices. Looks like, Congress government is tempting Seemandhra folks with this promotions. Few analysts are saying that the Seemandhra people will get addicted to the less tax benefits in the next few years.
Soon after the expiry of the special category tag, Seemandhra people need to adjust their income to pay high tax levels. “Can they adjust themselves to that change?” turned out to be a hot topic. Even if they are getting 50000 Crores bonus, they may feel it as a ban after the completion of the period.