JK marks 34% increase in tax collection

Lakhanpur, Jan 13: Minister for Finance, Abdul Rahim Rather today said the tax collection which was just Rs. 2600 crore in 2008-2009 has gone to over Rs. 5500 crore last year  and the State has registered 34 percent increase in the growth of tax collection.  “This has been recognized and appreciated at the highest forums in the Country”, he said, adding that Jammu and Kashmir has been tagged as one of the best States showing remarkable growth in tax collection. The minister was addressing a function at toll plaza Lakhanpur. The plaza was inaugurated by Chief Minister Omar Abdullah today.
 The Minister said that despite imposing “no tax” on people during the last four years by the coalition government, the remarkable growth in tax collection has been achieved by plugging the leakages and making the systems more transparent. Minister of State for Finance, Manohar Lal, Parliament Member, Lal Singh, Legislators, Jagdish Raj Sapolia and Subash Gupta also spoke on the occasion while Legislators Jagdish Raj Sapolia, Durga Dass, Lal Chand, Charanjit Singh and Noor Hussain, Economic Advisor to the Government, Jalil Ahmad Khan and Financial Commissioner Finance, Muhammad Iqbal Khandey, Excise Commissioner, Vineeta Gupta, Commissioner Commercial Taxes, Kifayat Hussain Rizvi, Deputy Commissioner, Kathua and other senior officers were present on the occasion.

Lastupdate on : Sun, 13 Jan 2013 21:30:00 Makkah time
Lastupdate on : Sun, 13 Jan 2013 18:30:00 GMT
Lastupdate on : Mon, 14 Jan 2013 00:00:00 IST

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