Jammu and Kashmir Lieutenant Governor, Manoj Sinha on Monday said that every penny of tax collected will be utilized for the development of Jammu and Kashmir.
Talking to reporters on the sidelines of the inauguration of the Income Tax complex at Rajbagh in Srinagar, Sinha said it is the responsibility of the government to utilize every penny which people will pay as tax in developing the region and providing more facilities to the masses.
“Tax complex will prove beneficial for the development of Jammu and Kashmir in future “, the LG said and added “The motive behind the construction of the tax complex is to connect the people with the process of taxation in a transparent manner.”
Union Finance Minister Nirmala Sitharaman on Monday inaugurated “The Chinar” , the first establishment of Income Tax of India at Raj Bagh in Srinagar this afternoon.
The LG said , “When the taxpayers will get benefitted then all the sectors of Jammu and Kashmir will get development” LG Sinha added.
He said, Prime Minister Narendra Modi introduced “Viwad se Vishwas Yojana” to make tax paying seamless, paperless and hassle free.
“I would like to thank the Finance Minister for making holistic reforms to direct and indirect taxes. Seamless system has been introduced for the return and refund of taxes”, he added.
LG said that the way Jammu and Kashmir is moving forward in development and completion of projects has been possible due to the efforts of the Finance Minister.
He stressed upon the fact that everyone should pay tax as per the norms so that Jammu and Kashmir will move more towards development.
“For the first time under the leadership of PM Narendra Modi, 28400 crore rupees industrial development scheme has been launched in Jammu and Kashmir. In the last nine months projects worth Rs. 29000 crore have been allotted to the industrial department of J&K,” LG added.
He said that projects worth 1400 crore are being sanctioned and the lands have been identified for the works to begin. “People have been participating in various sectors and till December probably projects worth Rs 35000 crore will get completed.”