As the state government is approaching a new budget date on January 11, the Federation Chamber of Industries Kashmir (FCIK) is demanding that the disparity created by two SROs should be addressed at the earliest. They said some of the units are on the brinks of closure because pf the bag economic environment and the twin SROs are adding to their crisis.
“The government issued two SROs – No 519 and 521, under which they would be offering tax concessions in both CGST and SGST to select units operating in the state,” Mukhtar Yousuf, FCIK president said. “We are asking the government why it will not extend to these concessions – at least in the SGST, to the units operating in the state.” They said they are seeking full reimbursement on SGST on the full bill amount..
As the state government is approaching a new budget date on January 11, the Federation Chamber of Industries Kashmir (FCIK) is demanding that the disparity created by two SROs should be addressed at the earliest. They said some of the units are on the brinks of closure because pf the bag economic environment and the twin SROs are adding to their crisis.
“The government issued two SROs – No 519 and 521, under which they would be offering tax concessions in both CGST and SGST to select units operating in the state,” Mukhtar Yousuf, FCIK president said. “We are asking the government why it will not extend to these concessions – at least in the SGST, to the units operating in the state.” They said they are seeking full reimbursement on SGST on the full bill amount.
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More than Rs. 12,000 crore has been given as tax concessions to the salaried professionals and senior citizen in the Budget 2018-19. You cannot name one Budget under Congress that has given such concession to the middle class.
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government is contemplating hike in the investment limit for availing income tax concessions by startups and provide a more clear definition for the purpose, sources have said. Officials of the department for promotion of industry and internal trade (DPIIT) and Central Board of Direct Taxes (CBDT) are holding series of meetings to find a solution of the angel tax issue being raised by startups.
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World Health Organization (WHO), director-general Tedros Adhanom Ghebreyesus called the disparity in access to vaccines as one of the biggest risks to end pandemic. He said that redressing this “global imbalance” is an essential part of the solution but not the only part, and not an immediate solution.“The shocking global disparity in access to vaccines remains one of the biggest risks to ending the pandemic.
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In back-to-back moves aimed at defusing Ukraine's political crisis, the prime minister resigned Tuesday and parliament repealed anti-protest laws that had set off violent clashes. The twin moves are significant concessions to protesters. (Jan. 28)
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अरब देशों को क़तर का जवाब | Qatar granted concessions Visa to many countries including India
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