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All registered traders in Himachal to be covered under Group Accidental Insurance Scheme
Chief Minister Virbhadra Singh while presiding over the Traders Welfare Board meeting said that the Himachal government had entered an agreement with National Insurance Company on 31 December, 2016 to cover all the registered traders under Group Accidental Insurance Scheme, 2016.
The agreement was entered for implementation with Divisional Manager National Insurance Company, Shimla.

He said that on the demand of the traders, the State Government had imposed entry tax on the purchase of online goods and purchases, adding that the entertainment tax for ropeways and cinema halls had also been reduced from 25 per cent and 20 per cent respectively, to 10 percent.

The Chief Minister said that the government was always considerate to the demands of the traders from time to time and had introduced the 'deemed assessment system' for them as per its assurance.

He said that on demand of the traders, the provision for submitting quarterly returns, under the Entry Tax Act had been made on the analogy of value added tax, for those having business of less than five crore.

Besides, facility had been provided to the traders to submit Provisional Registration Certificates within three working days under the VAT rule. The Government had facilitated the traders by providing them to fill the combined return of Value Added Tax (VAT), Central Sales Tax (CST) and entry Tax. 

Besides the Government had necessitated online e-payment of VAT and CST so that the traders do not unnecessarily keep visiting the banks much, he said.

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