365telugu.com online news,HYDERABAD,February 1,2026: Following the 2026 Budget announcement, the Telangana State Federation of Chambers of Commerce & Trade (TSFCCT) has expressed a dual stance: welcoming the government’s focus on infrastructure and growth, while voicing sharp concerns over unresolved daily operational struggles.
During a press conference at Secunderabad on February 1, TSFCCT President Ammanabolu Prakash highlighted that while the budget’s intent is positive, the trading community—a vital engine for employment and GST revenue—remains overlooked in policy implementation.
Critical Pain Points: GST and Compliance
The Federation identified “compliance fatigue” as a major threat to small businesses. Mr. Prakash noted that small-scale traders are currently crushed under the same regulatory weight as billion-dollar corporations.
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GST Reform: Transitioning to quarterly returns for small traders and automating Input Tax Credit (ITC) refunds to protect working capital.
Simplified Licensing: Replacing multiple local licenses and renewal fees with a single annual license managed via a digital portal.
Reduced Harassment: Establishing trader-friendly help desks to minimize the “fear of penalties” and frequent legal notices.
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The Rising Cost of Business
Traders are reportedly facing shrinking margins due to a spike in overheads. The TSFCCT is calling for power tariff subsidies and municipal tax relief to offset rising electricity and logistics costs. Additionally, they are seeking interest subvention on working capital loans to help small shops maintain liquidity.
Leveling the Digital Playing Field
A significant portion of the briefing focused on the “unfair competition” posed by large e-commerce giants.
“Deep discounting and weak enforcement of e-commerce regulations are pushing offline retailers to the brink,” Prakash stated.
The Federation is demanding a stricter implementation of e-commerce policies to ensure traditional brick-and-mortar shops can compete fairly.
A Seat at the Table
To bridge the gap between policy and reality, the TSFCCT proposed:
Advisory Councils: Forming National and State-level Traders’ Advisory Councils to ensure traders are consulted before laws are passed.
Infrastructure Upgrades: Dedicated funding for urban market safety, including fire safety, warehousing, and sanitation.
Dedicated Portal: A one-stop digital shop for traders to access government subsidies, credit schemes, and insurance programs.
The Bottom Line: The Federation emphasized that “Ease of Doing Business” must be felt on the shop floor, not just on paper. “Traders are partners in economic growth, not merely taxpayers,” Prakash concluded.