back to top
    Jammu KashmirNew budget proposals may be tax free

    New budget proposals may be tax free


    New proposals may be tax free
    , December 21 (KIP):-In the budget that the
    Minister, Haseeb Drabu, is to present on January 9 in the state
    legislature the coalition Government has tentatively decided not to
    impose fresh taxes.

    Reports said that people have suffered  a lot during the last five
    months and there could be further turmoil if the Government imposed
    fresh or additional taxes. During the last five months people,
    including traders, transporters and others suffered sever losses which
    have made the atmosphere not conducive for imposing additional taxes.

    The state Government has decided to seek additional funds from
    the centre so that there was no reason for fresh turmoil.

    Any fresh taxes may enrage people especially against BJP which
    has already suffered vote erosion. And the BJP leadership has conveyed
    to the central command that any additional taxes could cause further
    damage to the party.

    And the scope for imposing fresh taxes was not possible because
    there is no item on which additional taxes could be levied. and if the
    Government imposes fresh taxes it could give  handle to the opposition
    to start agitation against the coalition Government.(KIP)

    The Northlines is an independent source on the Web for news, facts and figures relating to Jammu, Kashmir and Ladakh and its neighbourhood.

    Share post:


    More like this

    Greater Synergy Among Agencies Will Help To Smash Terror Networks: Amit Shah

    NEW DELHI, Jul 19: Union Home Minister Amit Shah...

    J&K Govt Order | J&K Govt Forms Technical Committee To Review JKIGRAMS IT Rates

    JAMMU, July 19: The Jammu and Kashmir Government has...

    LG Ladakh Just Revamped Recruitment Rules—Here’s What You Need to Know!

    JAMMU, July 19: The Lieutenant Governor of Ladakh has...

    J&K Govt Order | DySP Made Incharge SP

    JAMMU, July 19: The Home Department of Jammu and...