Every Tax Penny Will Be Used for Development of J&K: LG


Srinagar: Lieutenant Governor, Manoj Sinha on Monday said that every penny of tax collected will be utilized positively for the betterment and development of Jammu and Kashmir.

While talking to reporters on the sidelines of the inauguration of the Income Tax complex in Srinagar, the LG said it was the responsibility of the government to utilize taxpayers’ money in developing the region and providing more facilities to the people.

“In future the tax complex will prove beneficial for the development of Jammu and Kashmir. The motive behind this tax complex is to connect the people with the process of taxation in a transparent manner. When the taxpayers will get benefitted then all the sectors of J&K will get benefitted,” Sinha said.

He said that Prime Minister Narendra Modi introduced “Viwad se Vishwas Yojana” to make taxation 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.

The LG further maintained that J&K was moving forward in development and completion of projects has been possible due to the efforts of the Finance Minister. He also stressed upon the fact that everyone should pay tax as per the norms so that J&K will move more towards development.

“For the first time under the leadership of PM Narendra Modi, a 28400 crore rupees industrial development scheme has been launched in J&K. In the last nine months projects worth Rs. 29000 crore have been allotted to the industrial department of J&K,” the LG said.

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,” he added.
Sinha said that corruption won’t be tolerated in any situation.

“To fight corruption and for accountability and safer payments, more online transaction options are being created. For the first time physical verification of projects has been made mandatory,” he added.

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