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BBIA hails Union Finance Minister's fiscal sops for Corporate Sector
9/21/2019 9:52:39 PM
Early Times Report

Jammu, Sept 21: Bari Brahmana Industries Associations (BBIA) hailed Union Finance Minister's Fiscal Sops for Corporate Sector.
A meeting of the Members of Bari Brahmana Industries Associations was held today under the Chairmanship Lalit Mahajan President in the presence of Tarun Singla, Sr. Vice President, Ajay Langer Vice President, Viraaj Malhotra General Secretary, Rajesh Jain Secretary and Vivek Singhal Treasurer BBIA and other members to discuss the various measures adopted by Govt. of India by providing Fiscal Incentives to the Corporate Sector of the Country.
The Members present in the meeting hailed the bold Imitative of Union Finance Minister Nirmala Sitharaman, under the able leadership of Narendra Modi, Prime Minister of India to provide the Financial Support in the shape of reduction in Tax Rates to the Corporate Sector of the country who is facing Six Year Low Growth with a alarming increase in the Unemployment which will provide big relief to the Corporate Sector and also attract New Investment in the Industrial Sector Domestic as well Investment from the Overseas Investors.
Further major relief is also provided to those Industrial Units who are facing problem due to Recession in last few years resulting put under the category of "Stressed Accounts" by the Banks for which is a welcome step of the Finance Minister by announcing the deferment of the Bank NPA Condition up to 31-03-2020 for those units.
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