The Federation of Tamil Nadu Traders Associations will hold its 41st state conference in Madurai on May 5, said Federation State President Vickramaraja, who attended the executive committee meeting of the Erode District Federation on Sunday.
He told newsmen we're not against corporate or online firms functioning honestly. For example, a corporate firm bought unsold wheat flour manufactured by a firm at a price of Rs 10 per kg at the time of expiry date and sold it at a price of Rs 20. People, without knowing its quality, bought more while ordinary traders' price is Rs 40 per kg. We are against this way of deceiving people. Finance Minister Nirmala Sitharaman has promised to call us for talks after the election. India alliance is talking about GST tax reform. The GST should be 6 to 10 percent only and in only one place for a good. Traders submitted accounts and it was accepted by the officiald. Later, they have found defects in those accounts and are imposing fines. We are against such trend. According to our request, the Election Commission has allowed people to carry more than Rs 50,000 after the election in TN. We are thankful for this. Building, garbage and professional taxes are high. The tax burden should be reduced. Tamil Nadu is the second highest GST paying state in India. So, the GST collected should be properly distributed to the state to help TN to become more prosperous. Federation district functionaries Shanmugavel, Ramachandran and Udayam Selvan attended.