‘Despite floods income tax collections in Kashmir showing upward trend’

Principal Commissioner, Income Tax department (J&K), Sangeeta Gupta, said the tax collection in Kashmir is satisfactory with J&K Bank being the highest taxpayer in the state. Talking to us, Gupta said JK Bank continues to be the highest taxpayer in the state. “Our collections from Kashmir have increased considerably,” she said. “Despite floods our collections in Kashmir are showing upward trend,” she said, adding that in this quarter the department had collected Rs 43.5 crore tax in the state as compared to Rs 29.3 crore during the corresponding period last…

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