Trade and Business people urge governments for relief

Dear PM & CM,

You have declared a complete closure till 31st March & are requesting all to keep the offices, Shops & Factories closed. Also you are urging the businessmen’s to show sympathy towards the needful employees n pay them.

We would like to understand what are you thinking about the OWNERS? How are you planning on supporting the business class from whom you are demanding this sacrifice?

Because the closure has been announced & the businesses are on a total standstill how will they survive? SALARIES – ON, ELECTRICITY BILL – ON, TAXATION – ON, BANK INTEREST – ON, GST – ON, PF – ON, ESIC – ON, PROPERTY TAX – ON. There is no relief for us. We don’t mind sitting home till 30th April if these expenses are cut off. The government needs to compromise and extend the support directly and immediately to all business.

We recommend the following:

– All commercial electricity bills be cut to half for the next 3 months.
– Companies be allowed to retain 10 % of GST payable for next 12 months.
– Moratorium of interest payments for next 6 months.
– All EMI’s to banks and NBFC to be put on hold for 6 months with no levy of interest or delayed payment.
– Employee share of the PF not to be paid by the companies but to be borne by government for a period of 6 months.
– Employee share of the ESIC not to be paid by the companies but to be borne by government for a period of 6 months.
– Property tax for FY 2020-21 to be reduced to half for all commercial properties.

THE WAY YOU GAVE INTEREST WAIVER TO THE FARMERS DURING DROUGHT SITUATIONS. THIS IS A DROUGHT TIME FOR US BUSINESSMEN TOO. REST WE WILL TAKE CARE.

We are Posting this appeal in circulation in Social Media

– Telugu Times