Friday , 28 July 2017
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Govt will factor in JK-specific constitutional, institutional safeguards in GST: Dr Drabu

  Exemptions to continue for industry’ Srinagar, June 28, CNS: Minister of Finance, Dr Haseeb A Drabu today said the government will factor in constitutional, legislative, administrative and institutional issues distinct to J&K while implementing GST in the State. “Apart from safeguarding the special constitutional position of Jammu and Kashmir, we will also factor in administrative, legislative and other safeguards under ... Read More »

Govt will protect special status of JK under GST: Drabu

Final decision likely to be taken tomorrow Srinagar, Jun 28 (KNS): The government Wednesday said that it will protect the special status of the state and will have a separate GST that will not erode the fiscal and constitutional position of Jammu and Kashmir. Minister for Finance, Dr Haseeb A Drabu told reporters her that the government will take a final call on ... Read More »

Tourism deptt condoles death of tourist guides in Gulmarg Gondola accident

Mahmood Shah visits the families of the deceased Gulmarg, Jun 27 (KNS): The department of tourism Kashmir has condoled the demise of three tourist guides in the recent tragic accident at Gulmarg in which a family of four from Nagpur was also killed. The deceased local guides include Mukhtar Ahamd Ganie son of Mohammad Ganie of Choutipathri Hajibal, Baba Reshi ... Read More »

Maharashtra MLA inaugurates J&K Bank’s relocated Mahim Branch in Mumbai

Shifts Regional Collection Centre to National Business Centre, Bandra Mumbai, Jun 24: For the convenience of customers, J&K Bank relocated its Mahim Business Unit to Geetanjali Building, Lady Jamshedji Road, Mahim (West). Revisiting its existing footprints in Mumbai (the financial capital of the country), the bank also shifted its Regional Collection Center (RCC) to a new premises at Bandra. Member of ... Read More »

Traders’ body takes a dig at deputy CM over GST remarks

SRINAGAR | JUNE 24 (PTK): A traders' body in Kashmir on Saturday took a dig at the Jammu and Kashmir Deputy Chief Minister Normal Singh for threatening to pull out of coalition over non-implementation of GST in the state.  "The Kashmir Chamber of Commerce & Industry (Inc) takes strong exception to the statement made by the Deputy Chief Minister, J&K State with regard ... Read More »

Congress refrains from GST meet: Says PDP BJP in a state of confusion

  SRINAGAR | JUNE 24 (PTK): Congress today refrained from the meeting convened on GST in Srinagar today citing the reason as non-serious attitude of the Govt with regard to implementation of GST. In a statement issued, the Party also blamed PDP BJP coalition for being in a State of confusion over GST, as a result, the trade bodies in the ... Read More »

JK Bank branches to remain open for transactions on Saturday

‘Decision taken keeping in view the Eid festival’ Srinagar, Jun 22 (KNS): The branches of Jammu and Kashmir Bank will remain open across Jammu and Kashmir State on Saturday to help people draw expenses for the forthcoming Eid festival. A bank official told KNS that the decision to keep bank branches open has been taken keeping in view the forthcoming ... Read More »

Govt has to take a call on GST implementation: M H Baig

‘Have not received any letter from Govt about All Party Committee’ Srinagar Jun 20 (KNS): Member of Parliament and senior PDP leader, Muzaffar Hussain Baig Tuesday said that he is not part of any All Party Committee on holding consultations on extending Goods and Services Tax to the state. Baig said that he has not received any letter from the Government or ... Read More »

Back to Basics of Corporate Governance,J&K Bank revives professionalism in its Board

Appoints eminent professionals as Independent Directors; State-subject Directors continue to maintain two-third majority   Srinagar, Jun 17:  In a significant development, J&K Bank has revived much needed professionalism in its board by inducting professionals of highest repute as independent directors on board of the bank. This has been done without altering the basic character of the board with two-third state-subject ... Read More »

Government’s stake in J&K Bank rises upto 59% by recent capital Infusion

Committed to protect & enhance prestige of J&K Bank – Navin Choudhary Srinagar, Jun 17: As the major stakeholder in J&K Bank, the state government remains ever committed and serious in its support as it is the most premiere financial institution of the state. Commissioner/ Secretary, Finance Department,Government of J&K,Mr Navin Kumar Choudhary made these remarks in presence of J&K Bank ... Read More »