7 months ago
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A delegation of the Andhra Pradesh Chambers of Commerce & Industry (A.P. Chambers) comprising its president Potluri Bhaskar Rao, enforcement vice-president B. Raja Sekhar, past president Muthavarapu Murali Krishna and A.P. Chambers State Tourism Committee president R.V. Swamy submitted a pre-Budget practice to Union Finance Minister Nirmala Sitharaman successful Vijayawada connected Friday (November 28, 2025).
Their proposals were focussed connected strengthening the economical ecosystem of Andhra Pradesh (A.P.), of which the cardinal suggestions were to grow the sum of Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) scheme, unbend the collateral norms thereof and to widen involvement enactment to export-oriented MSME and manufacturing clusters, and to supply investment-linked taxation benefits to the tourism, hospitality and nutrient processing sectors, accelerate depreciation for capital-intensive infrastructure, and facilitate concern tourism and value-added processing.
The different proposals made by A.P. Chambers were to springiness incentives for integer automation, AI/robotics, energy-efficient equipment, and instauration of merchandise investigating infrastructure to boost productivity and planetary competitiveness, promote acold concatenation development, warehousing, and the improvement of multimodal logistics hubs successful Tier-II/III cities to trim freight costs.
The A.P. Chambers delegation besides raised important GST-related issues including simplification and standardisation of GST investigations particularly nether Section 67 aimed astatine preventing the harassment of honorable taxpayers and ensuring azygous adherence to the guidelines laid down by Central Board of Indirect Taxes and Customs. They sought faster GST refunds and curbing of duplicate investigations crossed jurisdictions.
