Income Tax office to be set up by Aug 6
Gangtok | Thursday, Jul 24 2008 IST
Marking the beginning of an era of Direct Taxes in Sikkim 33 years after the erstwhile Himalayan kingdom joined the Indian Union, the Central Income Tax office will be set up in the state by August 6.
''The Income Tax office will be set up by August 6 in Sikkim,'' said Finance Secretary T T Dorjee during a workshop on Direct Taxes held here today.
The workshop had been organised by the state government to enable its officials grasp the provisions of Income Tax Act 1961 that was implemented in the state following an amendment in the Act during the Finance Bill presented by Union Finance Ministry P Chidambaram earlier this year.
People of Sikkimese origin having Sikkim subjects or Certificate of Identification have been exempted from Direct Taxes as per the 26AA clause paving way for the Act to be enforced in the state.
The Act had been extended in the state but had not been enforced due to stiff opposition from the locals and the state government.
Following the exemption to Sikkimese people, the state government withdrew its own Income Tax provisions of Sikkim Income Tax Manuel Act of 1948.
Todays workshop was conducted by a chartered accounting firm based in West Bengal to clear doubts about the Central Act among the local administration.
''It will not be difficult to apply this Act. Its just a matter of time to get used to it,'' said the Finance Secretary. Now, taxes will be deducted from non-Sikkimese people residing in the state as per the Central Act.
This has triggered resentment among the local business community which do not have the Sikkim subjects or Certificate of Identifications though they had been living in the state for generations.
Around 400 families of the old business community will be affected by this Act and they have pinned their final hopes on Chief Minister Pawan Chamling.
Under the banner of 'Old Businessmen of Sikkim', the community has approached the Chief Minister to recommend their case to the Union government to include old business community of Sikkim for exemption of Central Income Tax.
''We requested the Chief Minister to give strength to this cause by bringing a suitable resolution in the coming session of Sikkim Assembly,'' said S K Sarda, convener of the body.
The Assembly session is scheduled on July 28.
Though the old business community asserted that they dont mind paying taxes to the Central government, it said the present exemption for only Sikkim subject holders or those having Certificate of Identification is discriminatory to those residing in the state for generations.
The community has demanded they be covered for exemption under the Ladakh model where people living in Ladakh are exempted from paying direct taxes as per clause 26AA of the Income Tax Act.
-- (UNI) -- 24CA39.xml
THE OLD SETTLERS OF SIKKIM....................e.newsletter of the old settlers living in Sikkim prior to its merger with India who have a history of 130 years in Sikkim: .....Editor: S K Sarda
Wednesday, July 30, 2008
हिस्ट्री ऑफ़ ओल्ड बुसिएस्स्में ऑफ़ सिक्किम
MEETING OF OLD BUSINESSMEN OF SIKKIM AT GANGTOK
Representatives from all over Sikkim will participate in a meeting to be held on 2nd August 2008 at Gangtok to discuss plans for:
PREPARATION OF A HISTORY OF OLD BUSINESSMEN OF SIKKIM
Representatives from all over Sikkim will participate in a meeting to be held on 2nd August 2008 at Gangtok to discuss plans for:
PREPARATION OF A HISTORY OF OLD BUSINESSMEN OF SIKKIM
CM assures the business community -He will request Centre for Income Tax exemption
Staff Reporter
GANGTOK, July 29: The Chief Minister Pawan Chamling said that the people of Sikkim should be aware of the “viruses” eating democracy that do not want to see the State prosper.
He said this while proposing the vote of thanks at the end of the two-day long summer session of the Sikkim Legislative Assembly here today.
Reacting to the walk out staged by the Sangha MLA in protest after being denied the permission to discuss the Burman Report by the Speaker, the Chief Minister said that Acharya Lama had not understood Burman Committee report. “He has also failed to understand that the Burman Report is in favour of all the communities in Sikkim,”
Mr. Chamling said adding that people should not make the mistake of mixing Burman Committee Report with Limboo Tamang seat reservation issue, as both of them are entirely two different issues.
Stating that the Report will bring suitable solution for the seat reservation, the CM said that it has been widely accepted by the people of Sikkim.
“We have tabled the white paper on Limboo Tamang seat reservation as well as on Income Tax exemption because we want to maintain total transparency, Mr. Chamling added
The CM also said that all the amendment bills introduced during the summer session are for the benefit of all the people of the State.
At the same time, the Chief Minister assured that his government would submit a memorandum to the Central Government requesting them to follow the Ladakh model to exempt Central Direct taxes for all the old business communities and employees residing in Sikkim for decades.
“If the then Chief Minister, NB Bhandari had pursued both the issue of seat reservation and IT exemption, the people would be enjoying both the rights today but he failed to do so,” Mr Chamling added.
Source: Sikkim Express 30 July 2008
Staff Reporter
GANGTOK, July 29: The Chief Minister Pawan Chamling said that the people of Sikkim should be aware of the “viruses” eating democracy that do not want to see the State prosper.
He said this while proposing the vote of thanks at the end of the two-day long summer session of the Sikkim Legislative Assembly here today.
Reacting to the walk out staged by the Sangha MLA in protest after being denied the permission to discuss the Burman Report by the Speaker, the Chief Minister said that Acharya Lama had not understood Burman Committee report. “He has also failed to understand that the Burman Report is in favour of all the communities in Sikkim,”
Mr. Chamling said adding that people should not make the mistake of mixing Burman Committee Report with Limboo Tamang seat reservation issue, as both of them are entirely two different issues.
Stating that the Report will bring suitable solution for the seat reservation, the CM said that it has been widely accepted by the people of Sikkim.
“We have tabled the white paper on Limboo Tamang seat reservation as well as on Income Tax exemption because we want to maintain total transparency, Mr. Chamling added
The CM also said that all the amendment bills introduced during the summer session are for the benefit of all the people of the State.
At the same time, the Chief Minister assured that his government would submit a memorandum to the Central Government requesting them to follow the Ladakh model to exempt Central Direct taxes for all the old business communities and employees residing in Sikkim for decades.
“If the then Chief Minister, NB Bhandari had pursued both the issue of seat reservation and IT exemption, the people would be enjoying both the rights today but he failed to do so,” Mr Chamling added.
Source: Sikkim Express 30 July 2008
Monday, July 28, 2008
Press Release dt 8th June 2008
PRESS RELEASE Dt 8th June 2008
The Association of Old businessmen of Sikkim submitted a memorandum to the office of the Hon’ble Chief Minister on 6th June 2008, urging him to kindly recommend their case to the Union Government to include old businessmen of Sikkim for exemption from Central Income tax.
The Association congratulates the Hon’ble Chief Minister Dr Pawan Chamling for having so effectively met the aspirations of the Sikkimese people in achieving to get the long pending demand of exemption from Central Income Tax to Sikkim Subject Holders, fulfilled.
Earlier on 10th April 2008, a delegation of old businessmen had called on Hon’ble Chief Minister at his official residence at Mintokgang and drawn his kind attention to the request of the old businessmen for not letting them be isolated from their Sikkimese brethren with whom they have lived harmoniously for generations, in the matter of Central Income Tax.
The Hon’ble Chief Minister has time and again appreciated and acknowledged the old businessmen of Sikkim as the pillars of economic development and assured them equal treatment with all Sikkimese people .
The Association is grateful to Hon’ble Chief Minister for his assurance on State Day the 16th May 2008 at Chintan Bhawan wherein he deliberated upon the necessity of providing equal treatment to old businessmen by way of declaration of a cut off year and by requesting the Union Government to include them also in the exemption from Central Income Tax .
The Association of old businessmen of Sikkim humbly request the Hon’ble Chief Minister to give strength to their cause by bringing a suitable resolution to this effect in the current session of Sikkim Legislative Assembly..
( S.K.Sarda)
Convenor
Association of Old Businessmen of Sikkim.
The Association of Old businessmen of Sikkim submitted a memorandum to the office of the Hon’ble Chief Minister on 6th June 2008, urging him to kindly recommend their case to the Union Government to include old businessmen of Sikkim for exemption from Central Income tax.
The Association congratulates the Hon’ble Chief Minister Dr Pawan Chamling for having so effectively met the aspirations of the Sikkimese people in achieving to get the long pending demand of exemption from Central Income Tax to Sikkim Subject Holders, fulfilled.
Earlier on 10th April 2008, a delegation of old businessmen had called on Hon’ble Chief Minister at his official residence at Mintokgang and drawn his kind attention to the request of the old businessmen for not letting them be isolated from their Sikkimese brethren with whom they have lived harmoniously for generations, in the matter of Central Income Tax.
The Hon’ble Chief Minister has time and again appreciated and acknowledged the old businessmen of Sikkim as the pillars of economic development and assured them equal treatment with all Sikkimese people .
The Association is grateful to Hon’ble Chief Minister for his assurance on State Day the 16th May 2008 at Chintan Bhawan wherein he deliberated upon the necessity of providing equal treatment to old businessmen by way of declaration of a cut off year and by requesting the Union Government to include them also in the exemption from Central Income Tax .
The Association of old businessmen of Sikkim humbly request the Hon’ble Chief Minister to give strength to their cause by bringing a suitable resolution to this effect in the current session of Sikkim Legislative Assembly..
( S.K.Sarda)
Convenor
Association of Old Businessmen of Sikkim.
Press Release dt 11th June 2008
Dt; 11TH June 2008
PRESS RELEASE DT 11TH JUNE 2008
The Association of Old businessmen of Sikkim is grateful to Hon’ble Chief Minister
Dr Pawan Chamling for having assured the old business community of Sikkim that he will now take up the matter of seeking Income tax exemption for the old established business people of Sikkim, in the recently concluded Sikkim Legislative Assembly session on 10th June 2008.
It is a matter of great satisfaction for us that recognizing the contribution of the old business community of Sikkim, Dr Pawan Chamling has further assured that he is pursuing options available for the needful including the Ladakh Model to meet the aspirations of this deserving lot.
We are deeply touched by the Hon’ble Chief Minister’s heartfelt realization that not many from the old business community could avail the opportunity of being registered as Sikkim Subjects in 1961 due to lack of understanding, ignorance or under constraint of various political or social issues and they need to be protected and taken care of , keeping a large heart.
The Association appreciates the concern and generosity of Hon’ble Chief Minister while presenting the Sikkim Promotion of Local Employment Bill 2008 and providing 20% reservation therein to the wards of the business community residing in the State.
The Association of Old Businessmen of Sikkim joins one and all at this hour of jubilation, our great visionary leader having achieved to get exemption from Direct taxes for our Sikkim Subject brethren.
S.K.Sarda
Convener
Association of Old businessmen of Sikkim
Gangtok,Sikkim.
PRESS RELEASE DT 11TH JUNE 2008
The Association of Old businessmen of Sikkim is grateful to Hon’ble Chief Minister
Dr Pawan Chamling for having assured the old business community of Sikkim that he will now take up the matter of seeking Income tax exemption for the old established business people of Sikkim, in the recently concluded Sikkim Legislative Assembly session on 10th June 2008.
It is a matter of great satisfaction for us that recognizing the contribution of the old business community of Sikkim, Dr Pawan Chamling has further assured that he is pursuing options available for the needful including the Ladakh Model to meet the aspirations of this deserving lot.
We are deeply touched by the Hon’ble Chief Minister’s heartfelt realization that not many from the old business community could avail the opportunity of being registered as Sikkim Subjects in 1961 due to lack of understanding, ignorance or under constraint of various political or social issues and they need to be protected and taken care of , keeping a large heart.
The Association appreciates the concern and generosity of Hon’ble Chief Minister while presenting the Sikkim Promotion of Local Employment Bill 2008 and providing 20% reservation therein to the wards of the business community residing in the State.
The Association of Old Businessmen of Sikkim joins one and all at this hour of jubilation, our great visionary leader having achieved to get exemption from Direct taxes for our Sikkim Subject brethren.
S.K.Sarda
Convener
Association of Old businessmen of Sikkim
Gangtok,Sikkim.
Press Release dt 26nd July 2008
Press Release dt 26 July 2008
CLARIFICATION:
The Old businessmen of Sikkim vide their Press Release dt 22 July 2008 (given to Press on 24 July 2008) referred to its memorandum submitted to Hon’ble Chief Minister wherein it congratulated Dr Pawan Chamling our Chief Minister for having so effectively met the aspirations of the Sikkimese people in achieving to get the long pending Demand for exemption from Central Income Tax to Sikkim subject holders, fulfilled.
In fact, we were the first to congratulate our Sikkim Subject brethren for this great achievement.
Our submission is clearly spelt out in our Press releases as under:
“Earlier on 10th April 2008, a delegation of old businessmen had called on Hon’ble Chief Minister at his official residence at Mintokgang and drawn his kind attention to the request of the old businessmen for not letting them be isolated from their Sikkimese brethren with whom they have lived harmoniously for generations, in the matter of Central Income Tax.”
We concluded our Press Release by our statement as under:
“The Association of Old Businessmen of Sikkim joins one and all at this hour of jubilation, our great visionary leader having achieved to get exemption from Direct taxes for our Sikkim Subject brethren.”
It was very unfortunate that the statement was so erroneously reported in the Telegraph dtd: 25th July 2008.
S.K.Sarda
Convener
Association of Old businessmen of Sikkim
Gangtok
CLARIFICATION:
The Old businessmen of Sikkim vide their Press Release dt 22 July 2008 (given to Press on 24 July 2008) referred to its memorandum submitted to Hon’ble Chief Minister wherein it congratulated Dr Pawan Chamling our Chief Minister for having so effectively met the aspirations of the Sikkimese people in achieving to get the long pending Demand for exemption from Central Income Tax to Sikkim subject holders, fulfilled.
In fact, we were the first to congratulate our Sikkim Subject brethren for this great achievement.
Our submission is clearly spelt out in our Press releases as under:
“Earlier on 10th April 2008, a delegation of old businessmen had called on Hon’ble Chief Minister at his official residence at Mintokgang and drawn his kind attention to the request of the old businessmen for not letting them be isolated from their Sikkimese brethren with whom they have lived harmoniously for generations, in the matter of Central Income Tax.”
We concluded our Press Release by our statement as under:
“The Association of Old Businessmen of Sikkim joins one and all at this hour of jubilation, our great visionary leader having achieved to get exemption from Direct taxes for our Sikkim Subject brethren.”
It was very unfortunate that the statement was so erroneously reported in the Telegraph dtd: 25th July 2008.
S.K.Sarda
Convener
Association of Old businessmen of Sikkim
Gangtok
Press Release dt 22nd July 2008
INCOME TAX EXEMPTION IN SIKKIM
Press Release dt 22nd July 2008
The Association of Old businessmen of Sikkim submitted a memorandum to the office of the Hon’ble Chief Minister on 15th July 2008, urging him to kindly recommend their case to the Union Government to include old businessmen of Sikkim for exemption from Central Income tax.
The Association congratulates the Hon’ble Chief Minister Dr Pawan Chamling for having so effectively met the aspirations of the Sikkimese people in achieving to get the long pending demand of exemption from Central Income Tax to Sikkim Subject Holders, fulfilled.
Earlier on 10th April 2008, a delegation of old businessmen had called on Hon’ble Chief Minister at his official residence at Mintokgang and drawn his kind attention to the request of the old businessmen for not letting them be isolated from their Sikkimese brethren with whom they have lived harmoniously for generations, in the matter of Central Income Tax.
The Hon’ble Chief Minister has time and again appreciated and acknowledged the old businessmen of Sikkim as the pillars of economic development and assured them equal treatment with all Sikkimese people .
The Association is grateful to Hon’ble Chief Minister for his assurance on State Day the 16th May 2008 at Chintan Bhawan wherein he deliberated upon the necessity of providing equal treatment to old businessmen by way of declaration of a cut off year and by requesting the Union Government to include them also in the exemption from Central Income Tax .
The Association of Old businessmen of Sikkim is also grateful to Honorable Chief Minister for having assured the old business community of Sikkim that he will now take up the matter of seeking Income tax exemption for the old established business people of Sikkim, in the recently concluded Sikkim Legislative Assembly session on 10th June 2008.
It is a matter of great satisfaction for us that recognizing the contribution of the old business community of Sikkim, The Chief Minister has further assured that his government is pursuing options for the needful including the Ladakh Model to meet the aspirations of this deserving lot.
Again on the occasion of Kranti Diwas, Hon’ble Chief Minister has assured his determination to see that the old businessmen as well as the Men in Service are covered under income tax exemption net.
The Association also appreciates his concern and generosity towards those government servants who could not be covered under Income Tax Exemption category, but being residents of the State, they could also be covered under the Ladakh Model.
The Association of old businessmen of Sikkim humbly request the Hon’ble Chief Minister to give strength to this cause by bringing a suitable resolution to this effect in the ensuing session of Sikkim Legislative Assembly due on 28th July 2008..
The Association of Old Businessmen of Sikkim joins one and all at this hour of jubilation, our great visionary leader having achieved to get exemption from Direct taxes for our Sikkim Subject brethren.
S.K.Sarda
Convener,
Association of Old businessmen of Sikkim, Gangtok
Press Release dt 22nd July 2008
The Association of Old businessmen of Sikkim submitted a memorandum to the office of the Hon’ble Chief Minister on 15th July 2008, urging him to kindly recommend their case to the Union Government to include old businessmen of Sikkim for exemption from Central Income tax.
The Association congratulates the Hon’ble Chief Minister Dr Pawan Chamling for having so effectively met the aspirations of the Sikkimese people in achieving to get the long pending demand of exemption from Central Income Tax to Sikkim Subject Holders, fulfilled.
Earlier on 10th April 2008, a delegation of old businessmen had called on Hon’ble Chief Minister at his official residence at Mintokgang and drawn his kind attention to the request of the old businessmen for not letting them be isolated from their Sikkimese brethren with whom they have lived harmoniously for generations, in the matter of Central Income Tax.
The Hon’ble Chief Minister has time and again appreciated and acknowledged the old businessmen of Sikkim as the pillars of economic development and assured them equal treatment with all Sikkimese people .
The Association is grateful to Hon’ble Chief Minister for his assurance on State Day the 16th May 2008 at Chintan Bhawan wherein he deliberated upon the necessity of providing equal treatment to old businessmen by way of declaration of a cut off year and by requesting the Union Government to include them also in the exemption from Central Income Tax .
The Association of Old businessmen of Sikkim is also grateful to Honorable Chief Minister for having assured the old business community of Sikkim that he will now take up the matter of seeking Income tax exemption for the old established business people of Sikkim, in the recently concluded Sikkim Legislative Assembly session on 10th June 2008.
It is a matter of great satisfaction for us that recognizing the contribution of the old business community of Sikkim, The Chief Minister has further assured that his government is pursuing options for the needful including the Ladakh Model to meet the aspirations of this deserving lot.
Again on the occasion of Kranti Diwas, Hon’ble Chief Minister has assured his determination to see that the old businessmen as well as the Men in Service are covered under income tax exemption net.
The Association also appreciates his concern and generosity towards those government servants who could not be covered under Income Tax Exemption category, but being residents of the State, they could also be covered under the Ladakh Model.
The Association of old businessmen of Sikkim humbly request the Hon’ble Chief Minister to give strength to this cause by bringing a suitable resolution to this effect in the ensuing session of Sikkim Legislative Assembly due on 28th July 2008..
The Association of Old Businessmen of Sikkim joins one and all at this hour of jubilation, our great visionary leader having achieved to get exemption from Direct taxes for our Sikkim Subject brethren.
S.K.Sarda
Convener,
Association of Old businessmen of Sikkim, Gangtok
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