Kashmir traders pay more tax this fiscalDecember 6th, 2009 - 6:45 pm ICT by IANS
Jammu, Dec 6 (IANS) Traders in Kashmir, who had paid less than Rs.1.9 crore as income-tax in 2008-2009, have already coughed up more than 10 times this fiscal, according to a senior state government official.
Traders have paid more than Rs.21 crore so far this financial year as tax, according to income tax commissioner (J&K circle) B.L.Razdan.
Against the Rs.1.87 crore collected last year, IT revenues from the Kashmir Valley stood at Rs.21.6 crore this fiscal, Razdan told reporters in Jammu late Saturday evening.
He regretted that many government employees were not filing their tax, or have not acquired the permanent account number (PAN) cards despite having taxable salaries.
“We have taken up the matter with the state government,” Razdan said.