Chakhesang Students’ Union reaffirms stand against illegal taxation.
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DIMAPUR — With an aim to foster and encourage self-employment, self-reliance and economic growth, the Chakhesang Students' Union (CSU) has reaffirmed its stand to fight against illegal taxation and extortion towards upcoming businesses undertaken by the local populace.
While recognising the critical role of youth and students in entrepreneurship and business ventures, CSU has notified all the non-governmental organisations (NGOs)/ political groups within the Chakhesang jurisdiction to refrain from imposing any form of tax from the youth and students, who have newly ventured into businesses and entrepreneurship.
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An update from the union stated that the tax-free initiative was aimed at encouraging and supporting young entrepreneurs in establishing their businesses without additional burden of taxes; create conducive environment for innovation and enterprise; and facilitate economic stability and self-sufficiency within the community and thereby reducing unemployment.
It warned that appropriate measures would be taken against any union or party found violating the standing order. It added that every effort would be made to ensure full compliance with the directives.
Meanwhile, it has asked all concerned to immediately report such activities to the union for necessary action.