SRINAGAR: A delegation from the Traders Association of Lal Chowk, led by President Mohammad Iqbal Khan and including members Tahir Ahmad Bawan and Jatinder Singh held a meeting with the Commissioner of Sales Tax for Jammu and Kashmir, P K Bhat. The meeting aimed to discuss pressing issues affecting the region’s traders and merchants.
Central to the discussions was the taxation structure currently in place and its implications for local businesses. The delegation sought clarification regarding recent amendments to the tax policy, expressing concerns about the burden of compliance on traders. They emphasized the need for a comprehensive review to simplify the tax compliance process, which has become increasingly complicated for many local businesses.
The traders also raised the critical issue of infrastructure in Lal Chowk, underscoring the necessity for enhancements to support business operations effectively. The lack of adequate infrastructure has detrimentally impacted the ease of doing business, making it vital for the traders to voice their concerns.
In addressing the delegation, the Commissioner of Sales Tax acknowledged the importance of the issues raised. He provided assurances that the department would take their concerns seriously and work towards feasible solutions. Among the commitments made by the Commissioner were a thorough review of the existing tax policy and efforts to simplify the compliance process. Additionally, he pledged support for infrastructure development projects in Lal Chowk, recognizing the urgent need for such upgrades to benefit local businesses.
The meeting concluded on a positive note, with the Traders Association expressing gratitude for the Commissioner’s willingness to engage and address their concerns. The association looks forward to continued collaboration with the Commissioner’s office, optimistic that the outcomes from the meeting will lead to vital improvements for traders and merchants in Jammu and Kashmir.
Lal Chowk Traders Association meets J&K Sales Tax Commissioner to address local business concerns
