JCCI forwards pre-budget proposals to Union Govt

JCCI president, Rakesh Gupta addressing press conference in Jammu on Thursday. —Excelsior/ Rakesh

Excelsior Correspondent
JAMMU, Jan 30: The Jammu Chamber of Commerce and Industry (JCCI) today forwarded pre-budget proposals to the Union Government.
Disclosing this to the media here today, JCCI president Rakesh Gupta said that an urgent communication has been sent to the Prime Minister Narendra Modi by the Jammu Chamber listing demands for consideration in the Union Budget.
Giving details, Gupta said JCCI has submitted to the Union Government to announce establishment of a Mother Industry  at Jammu which would be a great step towards not only attracting the private industrialists but also give thousands of jobs to the jobless youth in the province.
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It was also requested to announce special incentives for setting up of Industrial units, to consider allocation of funds for development of new industrial infrastructure in Jammu province for setting up of industrial units, ensure establishment of Inland Container Depot near Jammu on war footing, set up IT Park in or around Jammu, announce social security atleast for the approximately 5% Income Tax payers as it would be a huge encouragement for the honest Tax payers who are contributing towards nation building.
It was further demanded that the existing Industrial units established by the J&K residents should be given special protection and provisions be incorporated like mandatory purchase preference by the government/ semi government projects so that they could survive the competition with the big existing and the new industrial units that would be setting up their units in J&K; incentives should not only be for the new industrial units to be established but also for the existing Industrial units.
Gupta said the Chamber also suggested to increase the audit limit under the GST regime from presently Rs 2 crores to at least Rs 5 crores which would be a great relief to the small business houses and provide medical insurance cover to specially abled/ handicapped people.
Also  present on the occasion included, Rajesh Gupta, senior vice president CCI, Manish Gupta- secretary general CCI and Gaurav Gupta- secretary.

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