CUK, IT Department organise ‘Tax Talks’

Srinagar, Nov 7: Dean Students Welfare, Departments of Commerce, Management Studies, and Economics, Central University of Kashmir (CUKashmir) in collaboration with the Ministry of Finance, Income Tax Department, Srinagar, organized “Tax Talks” - an awareness programme on fiscal responsibility and taxation at Green Campus here Thursday.

Speaking on the occasion, Dr Mehraj-ud-Din Shah, emphasised the importance of conducting awareness programmes on taxation, describing such initiatives as “the need of the hour” to build a financially responsible citizenry.

In his presidential address, Dr. Nisar Ahmad Mir, Registrar, deliberated on the crucial role of income tax in nation-building and economic development. In his keynote address, Shakil Ahmad Ganie , Deputy Commissioner of Income Tax, Srinagar, elaborated on the importance of expanding the tax base and implementing robust fiscal policies. He noted that reforms in tax policy are always driven by the objective of improving the welfare of the common citizen. Ganie explained how well-structured income tax systems contribute to poverty reduction, enhance purchasing power, and stimulate business growth, ultimately leading to a stronger economy.

In her speech,  Rifat Aftab Qureshi, Addtl District Development Commissioner (ADDC), Srinagar, highlighted the dual importance of direct and indirect taxes in strengthening the government exchequer and ensuring sustainable development.