Significant Increase in the Trade Fee Paid by Traders
10 years, 3 months ago - January 08, 2014
Traders operating in rural and urban areas will have to pay an annual Trade Fee. And it has increased significantly. If the Deputy Lord Mayor, Phalraj Servansing speaks of an average increase of 20% for General Retailers for duty-free shops, they, the increase was 100%.
The authorities did not do their gift early this year. Traders operating in rural and urban areas must pay the note on the business license. This, while it has increased dramatically. Phalraj Servansing, Deputy Lord Mayor, speaks to an average increase of 20% for General Retailers , the Trade Fee now passing Rs 2500. While banks and "big box" are faced with an increase of 50% to 70%. The amount of the Fee Trade can therefore reach Rs 75,000 or Rs 150,000.
For duty-free shops, the increase is ... 100%. They will now have to pay an amount of Rs 50,000 annually. As for casinos, they will have to pay Rs 300,000. These fees can be paid in two installments, one before the end of January and the second in July, says Phalraj Servansing. Adding that this decision under the Ministry of Local Government and aims to harmonize the flow of money for this expenditure across the country.
