Early Times Newspaper Jammu, Leading Newspaper Jammu
 
Breaking News :   J&K industrialists mostly claim 'Bogus' income tax deductions, says report on black money | Vakil goes all guns blazing against 'corrupt' Ministers | Shall seek political consensus on West Pak refugees: Soz | Fearing SC, Engg Rashid to move resolution for disbanding Amarnath Board | Kishtwar police slaps fresh charges on Mehraj-ud-Din | Anger brewing against PM, Congress | Indian Government scoring self goals: Gen Sinha | Students display cartoon creativity , IMFA bags first prize in sketching | CRPF jawan among three killed in road accident | Diarrhoea outbreak in Tangmarg, 103 take ill | Back Issues  
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J&K industrialists mostly claim 'Bogus' income tax deductions, says report on black money
9/23/2012 12:20:14 AM
Syed Junaid Hashmi JAMMU, Sept 22: Union Finance Ministry should revisit plethora of exemptions and deductions in the Income Tax Act being given to Industrialists who have established income generating units in various parts of Jammu and Kashmir. Deductions of income tax being claimed by industrial units in Jammu and Kashmir are bogus. These stringent recommendations have been made by "Committee on measures to tackle black money in India and abroad" which submitted its report to the Union Ministry of Finance in March 2012. A copy of the report is with Early Times. The nine member committee was headed by Chairman of Central Board of Direct Taxes (CBDT) Dr. Poonam Kishore. Committee has made specific mention of Jammu and Kashmir while recommending for review of continued tax exemptions being enjoyed by industrialists who have established units in both the regions of State. Making a mention of tax free zones or tax holidays which have been created in J&K, the committee has said that deductions u/s 80IA/80IB of the Income Tax Act being claimed by Industrial Units are bogus. Mostly I...
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FRONT PAGE STORIES
Vakil goes all guns blazing against 'corrupt' Ministers
9/23/2012 12:20:04 AM
Early Times Report BUDGAM, Sept 22: Former Minister and Member AICC Abdul Gani Vakil today said that his tirade against corruption will continue for the welfare of people who believe that tax payers' money is going to drain. "Nobody can stop me from raising voice against this menace of corruption because this menace is eating into vitals of our society. I will not be coward down by suppressive measures but will continue my crusade against corruption fearlessly. My crusade will not stop till guilty is punished," Vakil said while addressing party workers convention. Vakil said a good chunk of forest land and private land has been grabbed by a sitting Minister and is entered as illegal occu...
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Shall seek political consensus on West Pak refugees: Soz
Congress firms its grip on 'refugees' : Day long exercise in Jammu
9/23/2012 12:19:51 AM
Early Times Report JAMMU, Sept 22: Giving ample indications that the Party means 'business' and would take all steps to settle the issue of refugees, the J&K Congress leadership today made it clear that they would try to evolve consensus with all other parties in granting citizenship rights to the West Pakistani Refugees. JKPCC president Prof Soz said Congress is well aware of the problems of refugees and it is keen to push the solutions and settle once for all. In what looks to be the Congress in a mood not to lose grip on the issue of refugees , the JKPCC chief along with senior leaders including few Ministers today made a marathon exercise of meeting the representatives of the r...
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Fearing SC, Engg Rashid to move resolution for disbanding Amarnath Board
9/23/2012 12:19:25 AM
Early Times Report JAMMU, Sept 22: MLA Engineer Abdul Rashid will move resolution in the coming Assembly elections to hand over charge of Amarnath Yatra from the Shri Amarnath Shrine Board to the local Kashmiri Pandits. The resolution is being moved with an eye of Supreme Court decision which is likely to be announced on Oct 10. The apex court had in its earlier observation in hearing of the case made it quite clear that it's not happy with the arrangements put up by both the Board and State and had said that proper pucca road should be constructed. It's being feared by the State Government once the Supreme Court issues formal order on construction of road, it can't violate it and will ...
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Kishtwar police slaps fresh charges on Mehraj-ud-Din
9/23/2012 12:19:08 AM
Asif Iqbal Naik KISHTWAR, Sept 22: While exposing terror web of Pakistani spy agency, alleged key ISI man Mehraj-ud-Din presently in the custody of Kishtwar police has claimed that ISI with the help of Army and underworld operatives has conducted recee of several vital installations in India including railway stations, metros, airports, army cantonments, nuclear plants, defence and importantly Parliament of India. According to the sources, Mehraj-ud-Din while unraveling the terror plan of ISI informed the interrogators that after 2001 attack on Indian Parliament, the ISI feels dejected since the terrorist deputed on the mission fails to kill any top level Indian politicians and treated th...
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Anger brewing against PM, Congress
"Anti-People Economic Policies"
9/23/2012 12:18:21 AM
Neha JAMMU, Sept 22: Prime Minister Manmohan Singh, who was only recently accused by an international magazine of leading the most "corrupt Government" and was described as an "under achiever" by another international daily, today faced a situation no one had ever thought of. It's true that most of the political parties have been charging the Congress and Prime Minister Manmohan Singh-led Union Government with manipulating rules and twisting certain institutions to benefit selfish corporate houses and corrupt elements in the Government and administration. It's also true that they are demanding resignation of the Prime Minister saying he and his Government have ruined India politically and ...
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Indian Government scoring self goals: Gen Sinha
Kashmir Policy
9/23/2012 12:17:56 AM
Rustam JAMMU, Sept 22: Former Governor of Jammu and Kashmir Gen SK Sinha, who is known for his definite views on the State, yesterday came down heavily on the Government of India. He accused it scoring "self goals in the State, instead of learning any lesson from the mistakes it committed in the past. He even opposed the demand seeking revocation of Armed Forces Special Powers Act (AFSPA). He was addressing a lecture on "Kashmir: Genesis and Solutions" at Mangalayatan University, Aligarh. It would be only desirable to refer to some of the mistakes the Government of India committed. These include grant of special status to the State on purely religious grounds, parleys with Sheikh Abdullah...
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