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Drabu assures people-friendly, welfare budget
1/3/2016 10:26:13 PM
Early Times Report
JAMMU, Jan 3: Minister for Finance, Dr Haseeb Drabu Sunday said the Government would ensure a people-friendly and welfare budget 2016-17 for Jammu and Kashmir.
Speaking during a series of pre-budget consultations with the representations of various business & trade associations and other stakeholders here, the Minister said he would try to accommodate as many viable suggestions as possible in budget 2016-17.
He said pre-budget interactions are vital to receiving inputs, suggestions and to know the expectations of the stakeholders from the budget.
Commissioner Secretary, Finance, Navin Kumar Choudhary, Commissioner, Commercial Taxes, Baseer Ahmed Khan, Excise Commissioner, Tsering Angchok, Additional Commissioners Commercial Taxes, Jammu/Kashmir and other senior officers were present in the meetings.
The Finance Minister said if certain inputs from the stakeholders could not be incorporated due to some reason, they will be informed about the reasons in the post-budget consultations. "The idea is to reassure them that although their suggestions are valuable to the government, but some of these couldn't be incorporated in the budget due to various unavoidable reasons," he said.
During the meeting, various suggestions were received from representatives of Chamber of Commerce and Industry (CCI) Jammu, Transporters Association Jammu, Hotelier Association Jammu, Federation of Industries Jammu, Confederation of Indian Industry (CII), PHD Chamber of Commerce and Industry, Institute of Public Opinion, Intellectuals, Academicians, Tax Bar Association, Traders Association, Agriculturalists, Fruit Growers Association Jammu, Office Bearers of Press Club Jammu, J&K Employees Joint Action Committee, J&K Secretariat Non-Gazetted Employees Association and Tourism Federation of Jammu.
The representatives of Chamber of Commerce & Industry led by their President Rakesh Gupta suggested for amnesty on account of faults due to wrong classification of various commodities for traders in case of VAT rates. They also asked for exemption of Service Tax on gym services and games zone. President CCI said high rate of taxation on products sold through CSD especially in case of automobiles leads to loss of revenue to the state as well as badly hits sales of local dealers as the tax in neighbouring states is much less and encourages people to buy products from outside the state. The CCI demanded that the rate of such tax be brought down.
The CCI demanded that to make the Rice Sheller industry viable, export of rice husk should be exempted from toll tax. They asked for power amnesty scheme for industrial units which are not functional and whose power connections have been disconnected.
The Transporters Association also presented various demands before the Minster and demanded that the transport sector be declared as an industry. They also raised the issue of withdrawal of service tax on insurance and Sale Tax at Lakhanpur on fabrication of vehicular bodies. The association also demanded amnesty scheme with regard to passenger tax.
Speaking on the occasion, the Minister said that the government is committed for promotion and sustenance of transport sector.
To promote ease of doing business in the state, CII proposed to hold workshops for officials of state government across various line departments to apprise them about best practices carried out by other state governments. They also suggested reserving a part of land for MSMEs in all new/expansion schemes for industrial estates and flatted factories to be given to budding entrepreneurs on nominal rent to encourage first generation entrepreneurs.
The Press Club Association demanded for upgradation of Press Club in Jammu. They also asked for creation of welfare fund for working journalists besides providing them medical and accidental insurance.
President Jammu and Kashmir Employees Joint Action Committee, Abdul Qayoom Wani presented various demands before the Minister including provision for regularization of all temporary employees of PSUs and Centrally sponsored schemes, financial support to sick public sector enterprises, provision of special medical insurance scheme for all state government employees, PSUs and casual employees.
Meanwhile, representatives of J&K Secretariat Non-Gazetted Employees Association led by President, Ghulam Rasool Mir raised the issue of removal of pay anomalies, enhancement of move TA, TMA, MA, refreshment charges and HRA. They also asked for induction of qualifying service of state government employees to avail full pensionary benefits.
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