Snipping like tool in linux

Hi All,
 
Right now I am working on Linux platform.
 
In windows we have a Snipping Tool which helps us capture a particular area of the screen (rather than capturing the entire screen using "Print Screen" and editing it using Paint) which helps us report an issue with a specific area of the screen with much ease.
 
Do we have any tool for Linux (i.e. Ubuntu, Kubuntu and GNOME) similar to Snipping Tool provided by-default with the OS?
 
Thanks in Advance