MIA critical of the budget | chandigarh | Hindustan Times
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MIA critical of the budget

KS Mahal, Mohali Industries Association's president has expressed disappointment over the union budget. He alleges that the government is making the survival of the micro, small and medium enterprises (MSME) sector impossible by increasing the service tax.

chandigarh Updated: Mar 16, 2012 14:39 IST
Shailee Dogra

KS Mahal, Mohali Industries Association's president has expressed disappointment over the union budget. He alleges that the government is making the survival of the micro, small and medium enterprises (MSME) sector impossible by increasing the service tax.

Mahal lamented, "We were expecting an increase in the exemption limit of the central excise tax but instead the government has made the survival of MSME sector impossible by increasing the service tax."