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Friday, September 16, 2011

9 member committee constituted to regulate central IT exemption for left outs

13 Sep 2011, Gangtok:

State government has formed a nine member committee to regulate Central Income Tax exemption to the left out people of the state. Wired report states that R Ongmu has been nominated as President of the Committee, three persons from state business community are also the part of committee namely Nehru Marda,Shankar Agarwal and Rajesh Lakhotia. The committee also constitutes of executive heads like Finance Secretary, Commerce Secretary, Accountancy & Legal Secretary and Commerce & Taxation Dept’s fellowships will aslo be the part of it. The committee will reiterate the process of exemption of Income Tax to the left out people of state and produce the statistical report to the government for the necessary course of action for exemption, said in wired report. The details collected by the committee will also be sent to the centre for approval., whole process will be done in coordination with the state government routine wise, said in wired report.
source: Voice of Sikkim

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