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The Hindu
The Hindu
National
The Hindu Bureau

Industries availing govt. incentives failing to fulfil their obligations, alleges MLA

BJP MLA Chandrappa M. representing Holalkere Assembly constituency alleged that industries that avail the incentives offered to them to start operations violate the conditions on providing jobs to locals as per the Sarojini Mahishi recommendations and payment of taxes after conclusion of tax holiday period.

After raising a question on the investors’ meets in the last three years during Question Hour on Friday, Mr. Chandrappa said some industries were not fulfilling their obligations after availing the concessions and infrastructure facilities.

He cited automobile company Toyota, which started operations in Bidadi in 1995-96. He alleged that the company has failed to pay tax dues to the government even after conclusion of the holiday period. The automobile company owed the government tax dues amounting to more than ₹ 8,500 crore, he alleged in the House.

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