‘Jammu Bandh’ call on June 4 deferred by Chamber

An Emergency meeting was convened at the Chamber house today to discuss the further course of action regarding the irrational imposition of Taxes proposed in the current budget by the State Finance Minister and the bandh call given by both the Chambers of Jammu and Kashmir for June 4. The meeting was attended by all representatives of major trade and transport associations.
At the outset the President CCI Rakesh Gupta apprised the members about the Roll Back announced by the Finance Minister of additional taxes on Readymade, Hosiery, Mobiles and Aviation Fuel for Choppers for Katra Pilgrims and also listed the pending demands of the Chamber as submitted in the pre budget meetings. All the Heads of major Trade and Transport Associations unanimously voiced their anger against the proposed budget and authorized the Chamber to go ahead to any limit to get a complete roll back from the government. The main concern of the members was the steep proposed hike of taxes on Processed Fruits and Vegetables, Cable and Dish Connections, Increase in toll tax, Multi Functional Printers and Devises, Packed Foods, Stoll and Shawls and Walnut wood. The President informed the members that the genuine demands given to the Finance Minister at the time of pre budget meeting were mostly not addressed.
It was decided that after the announcement of partial Roll back and the meeting of the Kashmir Chamber of Commerce & Industry with the Finance Minister Dr. Haseeb .A Drabu just now at 4.15 PM who assured to reconsider the proposed budget, the Government be given a chance to re consider Roll back in toto and also re consider the demands made by the Chamber during pre budget. It was also decided that time bound ultimatum be given to the Finance Minister to discuss the issues with the chambers of Jammu and Kashmir before finalizing the budget proposals. It was finally decided that the call for BANDH on June 4 Saturday be deferred and a 7 Days ultimatum be given to the Finance Minister to discuss the pending demands submitted during the pre budget and the fresh demands against the proposed hike in taxes and Toll Tax in the current budget proposal. A deadline of 7 Days was decided and it was also decided that if the demands of the Chambers were not discussed before finalizing the current budget proposals then the Chambers shall not hold any further talks with the Finance Minister and take the path of a full-fledged agitation.
The other Office bearers of CCI present in the meeting included Sham, Lal Langer, Sr. Vice President, Deepak Aggarwal, Jr. Vice President, Rahul Mahajan, Secretary, Ashu Gupta, Treasurer. T S Wazir, Chairman Jammu & Kashmir Transport Association was also present in the meeting.

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