The notification has been issued for two,620 shops unfold throughout the State for which the continuing retail licence is ready to run out on November 30. Applications will probably be acquired from Friday until October 18 and allocation of the outlets will probably be made by lottery on October 23.
The payment for every software has been enhanced from ₹ 2 lakh to ₹ 3 lakh this time. The division is anticipating vital income within the type of non-refundable software payment because the candidates are anticipated to file a number of papers of their bid to acquire the licence. This is extra so within the Saroornagar and Shamshabad circles that are recognized for prime quantity of enterprise.
The division has earlier introduced that the Retail Shop Excise Tax (RSET) has been divided into six slabs beginning with ₹50 lakh for areas with inhabitants as much as 5,000; ₹55 lakh for inhabitants between 5,000 and 50,000; ₹60 lakh (above 50,000 and as much as one lakh); ₹65 lakh (above one lakh as much as 5 lakhs); ₹85 lakh (above 5 lakh as much as 20 lakh) and ₹1.1 crore for areas with inhabitants above 20 lakh. The authorities will web near ₹1,400 crore – ₹1,310 crore as retail store excise tax (RSET), taking the bottom charge at ₹50 lakh per store and one other ₹78.6 crore within the type of non-refundable licence payment. This is along with particular RSET of ₹5 lakh a yr for every of the A4 outlets.
Officials stated out of the full retailers, 15% will probably be allotted to candidates from the Goud group, 10% to the Scheduled Caste and 5% to the Scheduled Tribes. The authorities made clear that solely individuals belonging to those communities ought to apply for allotment of outlets notified below these classes.
Published – September 25, 2025 09:38 pm IST
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