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January 29, 2025 12:37 PM

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Telangana industrialists expect tax incentives in Union Budget

Industrialists from Telangana state are expecting that Union Finance Minister Nirmala Sitaraman will announce incentives for taxpayers and industries. An industrialist Cheruvu Rambabu from Malkajgiri district in the state is suggesting that the welfare programmes should be linked with employment schemes like the Mahatma Gandhi National Employment Guarantee Programme to benefit the local employees. He also suggested that the government should think about incentivising the industrialists who are generating employment and wealth to the Government.