Wednesday , 20 September 2017
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GST on Walnut slashed to 5%, exemption for small handicraft traders approved

  Big relief for JK's growers, artisans: Dr Drabu SRINAGAR, SEPTEMBER 09: In a significant development with huge positive implications for J&K economy, the GST Council, which met at Hyderabad in Telangana, today agreed to slash the GST rate on Walnuts from existing 12% to 5%. The Council also approved exemption of small handicraft traders from registration under the new tax ... Read More »

Mehbooba says Govt serious for promoting handicraft sector, directs Tourism Deptt to make preparations for good winter tourist season

Deputations demand revival of Departmental teams, augmentation of drinking water, remissions under various schemes SRINAGAR, SEPTEMBER 07: Chief Minister, Mehbooba Mufti today asserted that her Government is very serious regarding promotion of handicrafts of the State even as she directed the Tourism Department to make advance arrangements for a successful coming winter season. Interacting with various deputations of trade bodies ... Read More »

Incentives for Industry: FM rebuts statement attributed to him

Govt working on comprehensive incentive structure under GST regime, small handicraft traders likely to be exempted from registration: Dr Haseeb Drabu SRINAGAR, SEPTEMBER 07: Rebutting the statement attributed to him by a section of the press regarding drawing off incentives and subsidies to the industries in the state, Finance Minister, Dr Haseeb Drabu on Thursday said his remarks on the issue at a ... Read More »

Govt preparing rehabilitation plan for shopkeepers of Batamaloo Bus Stand: Div Com

          SRINAGAR, SEPTEMBER 06: In order to rehabilitate the shopkeepers and other trading persons who shall be affected by shifting of General Bus Stand Batamaloo to Parimpora area, Divisional Commissioner Kashmir Baseer Ahmad Khan said that the government is preparing a comprehensive rehabilitation plan.           Divisional Commissioner said under the rehabilitation plan, all affected shopkeepers and other persons whose trading ... Read More »

No GST on Walnut industry against growers’ interests: Dr Drabu

'In absence of Input Tax Credit, farmers will face the heat' SRINAGAR, SEPTEMBER 6: A delegation of Walnut growers today met the Finance Minister Dr Haseeb A Drabu in his office chambers here to discuss the issues facing the Walnut industry in the State under the Goods and Service Tax (GST) regime. The growers, who had come from various parts ... Read More »

JKJCCI delegation raises LoC Trade issues with Governor

  SRINAGAR, SEPTEMBER 5: A delegation of Jammu and Kashmir Joint Chamber of Commerce and Industries (JKJCCI), led by its Joint President Sh Rakesh Gupta, called on Governor N.N Vohra at the Raj Bhavan here today. The delegation appealed for Governor’s urgent intervention in restoring trade on the Poonch- Rawalakot route which has remained suspended for the past over 8 ... Read More »

Passengers slam Airline operators for hiking airfare to Srinagar

Ask authorities to take action Srinagar Sep 01 (KNS): The airfare between New Delhi and Srinagar on the eve of Eid-ul-Azha has skyrocketed as passengers accuse that private airlines have a field day. Many passengers planning to travel home from New Delhi and other destinations for celebrating Eid said that the flight operators have arbitrarily increased the fare to Srinagar. ... Read More »

Govt committed to provide equitable development of all three regions: Kohli

  RAJOUR, SEPTEMBER 01: Minister for Animal, Sheep Husbandry and Fisheries, Abdul Gani Kohli said that the Government is committed to provide equitable development of all the three regions of the State. He said measures are being taken to upgrade the living standard of the people and ensured that basic amenities including adequate drinking water, electricity, quality education, better healthcare, ... Read More »

Impact of Demonetisation on Black Money, Widening of Tax Base and Direct Tax Collections

New Delhi, August 31: The Government of India launched a concerted drive against black money with Demonetisation being an important step in that direction. Among the main objectives of Demonetisation was the flushing out of black money and also conversion of the non-formal economy into a formal economy to expand the tax base. The impact of Demonetisation on black money, widening of ... Read More »

Conversion of farm land continues

Probe report awaits action for 9 years Srinagar, Aug 29 (KNS): Even though a high level committee compiled a comprehensive report of conversion of agriculture land into the commercial and residential purpose, it has been seen that the successive governments have so far failed to act on it. Over the years, huge multi-storied commercial complexes, shopping malls, schools, and service ... Read More »