Coimbatore: With the closure of small and medium scale industries in Coimbatore, the businessmen petitioned the District Collector to give them six months to repay bank loans, GST and income tax. The lockdown of the state was enforced from this evening to prevent the spread of coronavirus throughout Tamil Nadu. As a result, small and medium scale industries in the Coimbatore district will be closed till 31st.
Coimbatore: With the closure of small and medium scale industries in Coimbatore, the businessmen petitioned the District Collector to give them six months to repay bank loans, GST and income tax. The lockdown of the state was enforced from this evening to prevent the spread of coronavirus throughout Tamil Nadu. As a result, small and medium scale industries in the Coimbatore district will be closed till 31st.

Meanwhile, 13 business organisations including CODISSIA, TACT and COPMA met with the District Collector Rajamani to file a petition. More than 50 thousand SMEs in Coimbatore will be closed on the 31st and the corporations are likely to be closed till June according to the trade unions because of corona.

They said with the businesses already in a dull state, the coronavirus episode has worsened the situation drastically. Accordingly, they requested that they should be given six months to repay bank loans, GST, income tax and to pay electricity bills.

Meanwhile, 13 business organisations including CODISSIA, TACT and COPMA met with the District Collector Rajamani to file a petition. More than 50 thousand SMEs in Coimbatore will be closed on the 31st and the corporations are likely to be closed till June according to the trade unions because of corona.

They said with the businesses already in a dull state, the coronavirus episode has worsened the situation drastically. Accordingly, they requested that they should be given six months to repay bank loans, GST, income tax and to pay electricity bills.