Kashmir Industrialists call Centre’s tax exemption decision ‘Discriminatory’

Calling the central government’s recent tax exemption announcement for Jammu and Kashmir ‘discriminatory as is going to benefit only handful of industrial units in the state’, the Federation of Chambers of Industries Kashmir (FCIK) today expressed surprise over the statements of Chief Minister Mehbooba Mufti and her three cabinet colleagues welcoming the decision. FCIK also sought J&K Government’s clarification on how the centre’s is going to boost and promote the industrial development in the state. On August 16, the Union Finance Minister Arun Jaitley announced the extension in tax exemption…

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