Proposal for double property tax on buildings without plan approval will hit MSMEs

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Proposal for double property tax on buildings without plan approval will hit MSMEs


A file picture of a small industrial unit. Kassia is organising a two-day National Vendor Development Programme-cum-Industrial Exhibition on November 9 and 10 in Bengaluru.
| Photo Credit: SRIRAM MA

The proposal of the federal government to levy double tax (property) on buildings which can be constructed without plan approval is a significant hindrance to the MSE sector, in response to Karnataka Small Scale Industries Association (KASSIA).

“The majority of industrial units of micro and small enterprises (MSE) are housed in such kind of properties. If the government decides to double the property tax, then the worst hit would be the micro and small industry sector,” says Shashidhara Shetty, president, Kassia.

“We urge the government not to take up proposals that hamper the growth of MSMEs in India. If MSMEs are closed, the government needs to provide employment and livelihood to a major chunk of population,” he added.

Vendor improvement programme for MSMEs

Kassia, in affiliation with the Ministry of MSME and District Industries Centre, Bangalore-Urban, is organising a two-day National Vendor Development Programme-cum-Industrial Exhibition on November 9 and 10 within the KASSIA premises at Vijayanagar in Bengaluru.

The prime goal of the programme is to facilitate enterprise between premier Public Sector Units and Indian SMEs for their mutual profit, by means of offering acceptable advertising and marketing linkages. Minister for Small Scale Industries Sharanappa Basappa Darshnapura will inaugurate the programme.

HAL, BHEL, Rail Wheel Factory, BESCOM, Kudremukh Iron Ore Company and Karnataka Aerospace Technology Centre are among the many PSUs which can be anticipated to take part within the Vendor Development programme. MSMEs would get a possibility to work together with these potential shoppers.



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