Acceding to the long-pending demands of traders in Uttar Pradesh, the state government is planning to simplify the present structure of value-added tax. The state government also announced exempting handmade carpets (silk and wool) from VAT. "We will also close about 50 check-posts in the state in phases in order to safeguard the traders' interest. Unclassified items will also be categorised," he added.
There are about 60 second-hand car dealers in Lucknow and small cars such as the Maruti 800, Indica, and Santro are favourites with buyers. The small-car segment accounts for about 75 per cent of second-hand car sales. Second-hand car dealers collect 2 per cent commission from both buyers and sellers for each deal.
The Uttar Pradesh Export Corporation Limited (UPECL), a state government undertaking engaged in the development and marketing of handicrafts and handloom items produced in Uttar Pradesh, is set to apply for patenting of Lucknow chikan. Once the office of Intellectual Property Rights (IPR) gives its certificate, chikan would exclusively be linked with Lucknow city.
So what does the future hold for small grocers? The ones Business Standard spoke to said they would also love to revolt, as smaller retailers did in Lucknow.
The courses will focus on the importance of Vedic knowledge and their implication in the modern world.
The number of tourists visiting Uttar Pradesh last year was 106.8 million, of which 1.3 million were foreigners.
In a recent survey conducted by Lifebuoy soap and research body AC Nielson ORG MARG, Lucknow has been ranked sixth on city cleanliness.
Also, incremental demand is expected to rise by 10 per ent over the next five years.
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