JKBOSE Class 12th Admit Cards Available Now, Here’s How To Get Your Admit Card
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JKBOSE Class 12th Admit Cards Available Now, Here’s How To Get Your Admit Card
Class 12th Admit Cards are available now
All the students who are going to appear for class 12th Annual Regular examination to be held in March 2023 are advised to collect their Admit Card(s) in person within two days positively.
To provide adequate and timely credit to farmers under single window, with flexible and simplified procedure, adopting whole farm approach, including the short-term credit, medium term and long term credit needs of the borrowers for agriculture and allied activities and a reasonable component for consumption needs as indicated below:- Short Term Credit Limit: • To meet the short term credit requirements for cultivation of crops • Post harvest expenses • Produce marketing loan • Consumption requirements of farmers household. • Working capital for maintenance of farm assets and activities allied to agriculture, like dairy animals, inland fishery etc.
Long Term Credit: • Investment credit requirement for agriculture and allied activities like pump sets, sprayers, tillers, agri implements, dairy animals, sheep, poultry etc.
KCC Scheme also includes the crop loans under Apple Advance Scheme
The product is aimed at addressing the cyclic liquidity needs of salaried employees.
ELGIBILITY
Permanent Employees of Central Government, and State Government / Semi-Government Undertakings & Autonomous Bodies drawing salary from our Bank.
CLASSIFICATION
Non-Priority
NATURE OF THE FACILITY / QUANTUM / REPAYMENT
The facility shall be revolving in nature up to 8 years before the age of retirement of the employee*. The drawing power (DP) will thereafter be reduced on borrower’s birthday every year on pro-rata basis by reducing the principal amount so that the facility gets adjusted by 1 year before the age of retirement. The annual reduction can be spread over four quarters.The interest will be serviced by the borrower as and when applied.
Under this scheme, the credit facility can be sanctioned in favor of employees who is nearing his/her date of retirement. However the facility will be sanctioned on drop line limit basis as under:
Remaining Service
Maximum Limit
Up to 8 years
6 times salary credited in the account or Rs. 6.00 Lakh, whichever is lower
7 years
5 times salary credited in the account or Rs. 5.00 Lakh, whichever is lower
6 years
4 times salary credited in the account or Rs. 4.00 Lakh, whichever is lower
5 years
3 times salary credited in the account or Rs. 3.00 Lakh, whichever is lower
4 years
2 times salary credited in the account or Rs. 2.00 Lakh, whichever is lower
3 years
equal to salary credited in the account or Rs. 1.00 Lakh, whichever is lower
Quantum of finance:
Minimum: Rs. 50,000.00
Maximum : 6 times average of previous three month’s salary credited in the account; or Rs. 6, 00,000.00 whichever is lower.
* The scheme is customized for all retirement age brackets that are in vogue in the Government service sector i.e. 60, 62 and 65 years.
REPAYING CAPACITY
Stipulation of minimum take home salary shall not be insisted for this loan scheme, however the Interest outgo/ payable in this loan scheme shall be added to deduction for granting loan (s) under other schemes of the bank.
AGE OF THE APPLICANT
Minimum age of Applicant: 21 years.
Maximum at the time of loan Maturity: One year before the age of retirement.
REPAYING CAPACITY
Stipulation of minimum take home salary of 40% shall not be insisted for this loan scheme, however the Interest outgo/ payable in this loan scheme shall be added to deduction for granting loan (s) under other schemes of the bank.
MARGIN
NIL
SECURITY
Primary: NIL
Collateral: NIL
PROCESSING CHARGE
0.25% of the loan amount plus GST,
Minimum of Rs. 500.00 plus GST.
Maximum of Rs. 1000.00 plus GST.
RATE OF INTEREST (SUBJECT TO CHANGE)
1 year MCLR+3.50 p.a. fixed Rate of Interest with monthly rests and Annual Reset.
Click here for rate of Interest
PRE-PAYMENT
No penalty on prepayment or / and foreclosure of the loan.
The post J&K Bank Cash Credit Scheme (Salaried Employees) Check Features and Benefits appeared first on Kashmir Publication.
Minimum: Rs. 50000.00
Maximum: For permanent employees of Govt, PSUs, Institutions and Autonomous Bodies of Govt maintaining salary account with J&K Bank: 42 X Monthly Gross Salary
For employees of Govt not maintaining salary account with J&K Bank: 24 X Monthly Gross Salary or Rs 15.00 lacs, whichever is lower.
For employees of other reputed institutions/ Corporate Houses maintaining salary account with J&K Bank: 30 X Monthly Gross Salary or Rs 25.00 lacs, whichever is lower
ELIGIBILITY
Permanent Employees of
Government (State/Central/ Union Territories).
Public Sector Undertakings,
Autonomous Bodies & Institutions of Government
Govt. Employees (J&K and Ladakh only) recruited under SRO 202 with minimum service of 18 months. Note: Employees of State Govt/Central Govt/ UT Govt, PSUs, Autonomous Bodies & Institutions of Government not maintaining salary account with J&K Bank shall also be eligible.
Permanent Employees of Reputed Institutions banking with J&K Bank. Only those regular/ permanent employees shall be eligible who are maintaining their salary accounts with J&K Bank and/or will shift existing salary accounts to J&K Bank with at least one salary received in that account.
Permanent Employees of Corporate Houses banking with J&K Bank. Only those regular/ permanent employees shall be eligible who are maintaining their salary accounts with J&K Bank and/or will shift existing salary accounts to J&K Bank with at least one salary received in that account provided:
These corporate houses have a minimum business of Rs 5.00 crore (Advances+ Deposits) with the branch/bank.
Concerned Zonal offices will identify such corporate houses and permit the respective branches under their jurisdiction to grant personal consumption Loans to their regular employees.
For branches operating outside J&K and Ladakh UTs, such loans shall be granted only to those regular employees of corporate customers who are permanent residents of periphery of the branch, otherwise such loans shall be additionally guaranteed by the employer.
SECURITY
For permanent employees of Govt, PSUs, Institutions and Autonomous Bodies of Govt maintaining salary account with J&K Bank:
NIL
For all Others:
3 rd party Guarantee of Two persons having individual net worth of at least 200% of loan amount
MARGIN
NIL
RATE OF INTEREST (SUBJECT TO CHANGE)
Employees maintaining salary account with the bank: MCLR 3Y+3.00%
Employees not maintaining salary account with the bank: MCLR 3Y+4.00%
Click here for rate of Interest
REPAYMENT PERIOD
The maximum repayment period shall be 120 months with the repayment commencing next month of disbursement.
Important to note that repayment is to be fixed in such a way that loan shall be fully adjusted by or before employee retires from active service.
PROCESSING CHARGES
NIL
The post JK Bank Personal Consumption Loan Scheme Check Eligibility and Rate of Interest appeared first on Kashmir Publication.
Bank Service Charge Changed: ATM cash withdrawal will be charged after the limit is over, Know what changed on other services
New Delhi: After the cash withdrawal limit from ATM is over, customers will have to pay a fixed amount every time they do a money transaction. Apart from this, banks charge fees from customers for providing different types of services. It is taken from the customer in the form of processing fee, service charge (Bank Service).
According to Canara Bank, it has made new charges for banking services effective from 3 February 2023. Charges will be applicable to the customers for addition or deletion of name in the bank account. For addition or deletion of names, a charge of Rs 100 plus applicable GST rate per case will have to be made. However, no charge will have to be paid for adding or deleting names through online mode. The bank has said that it will not take any charge on the request to remove the name due to the death of the joint account customer.
What is the charge rate for changing mobile number or changing e-mail?
If account holders request to change mobile number, e-mail, address, then different banks have different fee rates. Canara Bank does not charge fee for the first change after account opening. But after that every time customers have to pay Rs 50 and applicable GST rate.
How much will be charged for exceeding the ATM cash withdrawal limit?
The charge rate of each bank is different for crossing the ATM cash withdrawal limit. Canara Bank gives 4 free chances to its customers to withdraw cash from their own or other bank’s ATM. After this, the customer has to pay a fee of Rs 5 and the applicable GST rate every time he withdraws money from the ATM.
Fees have to be paid for these banking services as well.
On changing the mobile number linked to the account,
Jammu And Kashmir Education Department Released Final Seniority List Of PG Masters/Teachers – Check Name Wise PDF Below In This Article
Whereas, final seniority list of PG Masters/Teachers in the discipline of Persian as on 01.07.2020 was issued vide Government Order No. -Edu of 2020 dated 26.08.2020; and
Whereas, a tentative seniority list was issued in the discipline vide notice dated 17.10.2022, for inviting objections from members of the cadre who either is/are not included in the list or is/are aggrieved with the position assigned to them in the tentative seniority list; and; and
Whereas, after notifying the said seniority list, Directorates of School Education Jammu/Kashmir have forwarded the service particulars of some more PG Masters/ Teachers in the said discipline for correction/inclusion of their names in the seniority list; and
Whereas, the matter has been examined and all the necessary inclusions/corrections/deletions have been made on the subject and a consolidated final seniority list has been prepared forming Annexure-A to this order; and
Whereas, the inclusion of officials who have acquired their PG Degree during service period is provisional and subject to grant of permission/ leave at the relevant point of time by the Competent Authority; and
Whereas, those officials who have obtained their degrees through distance mode are included in the final seniority list on provisional basis subject to the fulfillment of conditions as laid down in Government Order No. 252-HE of 2012, dated 30.05.2012 and departmental specific mechanism notified by the School Education Department vide Government Order No. 940- Edu of 2017, dated 17.11.2017; and
Now, therefore, in terms of Rule-24 of J&K Civil Services (Classification, Control and Appeal) Rules, 1956, the final seniority list in respect of PG Master/Teachers in the discipline of Persian, forming Annexure-A to this order, is hereby issued, subject to the conditions that:
The date of birth of the incumbents recorded in the seniority list is subject to further verification from service records, also with reference to the original matriculation certificates of all the concerned, and
The seniority list so issued will be subject to outcome of writ petition(s) pending, if any, before any Hon’ble Court of Law.
Besides, it is ordered that any member of the service who is either not included or is aggrieved with the position assigned to him/her in the final seniority list can file a review petition within 07 days from the date of issuance of this final seniority list along with supporting documents, through concerned Directorates which will be decided on case to case basis. No petition shall be entertained after the expiry of stipulated time period. The final seniority list is also available on the official website of School Education Department (ie. www.jkeducation.gov.in)
JKBOSE Issues Important Notification For Class 12th Students Ahead Of Exam
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JKBOSE Issues Important Notification for Class 12th Students Ahead of Exams
Jammu and Kashmir Board of School Education (JKBOSE) has released an important notificationfor all the students of class 12th appearing in HSE-II A/R March 2023. According to the notice, students are required to collect their admit cards from their respective institutions.
It has been specifically mentioned that no admit card will be issued through relatives or friends, and students need to collect it in person from their institutions. This is an important step taken by the board to ensure the safety and security of students and to prevent any fraudulent activity.
In addition, the notice also states that if any variation is found in the particulars on the admit card, students are required to contact the nearest JKBOSE office within two days. This is crucial to ensure that there are no discrepancies on the admit card and that all details are accurate.
Students are reminded that the admit card is a crucial document that must be carried to the examination center. It contains important information such as the student’s name, roll number, and exam center details. Any discrepancy or missing information can lead to unnecessary stress and confusion on the day of the examination.
The board has requested all students to take this notice seriously and follow the guidelines to avoid any inconvenience.
The JKBOSE has always been committed to providing a fair and transparent examination process, and with the cooperation of students, it is confident of achieving its goals once again.
The Jammu Kashmir administration has announced the rules for levy, assessment and collection of property tax from the residents of Jammu Kashmir.
Download Pdf : Click Here
In a copy of the order accessed by The Kashmiriyat,the administration has said that the Taxable Annual Value (TAV) of a property under the Act and the property tax due thereon for a financial year shall be calculated in accordance with the formula given in Schedule-l to these rules (which are mentioned below).
Against media reports, both residential and non-residential properties have been included in the collection of the property tax. The Ministry of Home Affairs (MHA) authorised the JK administration to impose property taxes through Municipal Corporations, Municipal Councils, and Municipal Committees in October 2020.
The Jammu and Kashmir Municipal Act of 2000 and the Jammu and Kashmir Municipal Corporation Act of 2000 were modified by the MHA with the enactment of the Jammu and Kashmir Reorganization (Adaptation of State Legislation) Order of 2020.
The property tax calculated in respect of a building calculated in accordance with sub-Rule (1) above shall hold for a block of three years unless any change to such calculation is necessitated on account of the circumstances envisaged in the Act for allowing revision in such calculation, the administration said.
The first block shall commence from 1 April 2023, and shall continue to remain in force till 31st March 2026. The blocks shall be similarly calculated thereafter, the JK administration notified.
New buildings coming up after the commencement of the block shall have their property tax liability calculated with reference to the 1st day of the relevant block, and irrespective of their having completed three years, their liability to tax shall be calculated anew from the date of commencement of the new block of three years for the Corporation as a whole.
Where a building is liable to property tax for only a part of the year, the tax due shall be proportional to the number of completed months and parts of month not completed shall be ignored.
Procedure for assessment and collection of property tax. The procedure prescribed in Chapter VI of the Act, except insofar as it relates to the calculation of the tax due on a property, shall regulate the assessment and collection of property tax.
Form of return under sub-section 5 of Section 73 of the Act. A person liable to property tax shall furnish to the Executive Officer or any officer authorized by him in this behalf the particulars of the property and the tax due thereon in Form-1 by 30th May of the financial year to which the return pertains. It shall be accompanied by a proof of payment in Form-2. Acknowledgment of filing of return shall be in Form-3. A copy of the acknowledgment along with the proof of payment of the second installment of tax shall be furnished by 30th November in cases where the payment is made in two installments.
Penalty for delay in filing of return.Failure to file return in due time, unless prevented by sufficient cause, shall, without prejudice to the interest due for delay in payment, make the person from whom it is due liable to a penalty of Rs 100/- or 1% of the tax due, whichever is higher, for every month of default. The maximum penalty shall not exceed Rs 1000/-.
Notice for inspection.The notice in terms of sub-section 8 of Section 73 of the Act shall be in Form-4 and the date of inspection shall, unless there are reasons to recorded in writing for giving a shorter notice, not be less than 14 days from the date of notice.
Notice for assessment on best judgment basis. The notice in terms of sub-section 9 of Section 73 of the Act shall be in Form-5clearly mentioning the liability of property tax proposed to be determined and the basis thereof, and the date of hearing shall, unless there are reasons to recorded in writing for giving a shorter notice, not be less than 21 days from the date of notice.
Notice for re-assessment.The notice in terms of sub-section 10 of Section 73 of the Act shall be in Form-5A clearly mentioning the additional amount of property tax proposed to be levied and the basis thereof, and the date of hearing shall, unless there are reasons to recorded in writing for giving a shorter notice, not be less than 21 days from the date of notice.
Notice of demand. The notice of demand in pursuance of assessment or reassessment under sub-section 11 or sub-section 13 of Section 73 of the Act, as the case may be, shall be in Form-6.
Appeal.Till such time the Jammu and Kashmir Property Tax Board in terms of the Jammu and Kashmir Property Tax Board Act, 2013 is constituted, the reference thereto in Section 90, 91and 92of the Act shall be deemed as a reference to the Director Urban Local Body of the concerned division.
Exemption from payment of property tax: Vacant lands, not appurtenant to a structure/building shall be exempt from property tax if there’s a Master Plan in force in the area, under which any construction/development on such vacant land is disallowed or if they have been put to agricultural use as per 6- monthly cropping surveys of the Revenue department.
Similarly, all the properties of the Municipality and all places of worship, including temples, masjids, gurudwaras, churches, ziarats, etc and cremation and burial grounds shall be exempt from payment of property tax.
All properties owned by Government of India / UT Government shall be exempted from payment of Property Tax. However, service charge at the rate 3% of the taxable annual value shall be payable to the Municipality in respect of such properties, the JK admin has said in its notification.
The Jammu Kashmir administration has also notified the formula for the levying of Property Tax in Jammu Kashmir region.
It said, Property Tax on Residential Property = 5% of Taxable Annual Value (TAV) Property Tax on Non-Residential Property = 6% of Taxable Annual Value (TAV)
Taxable Annual Value (TAV) = MTF x LVF x ARF x FF x UTF x CTF x AGF x SF x OSF
Where: 1. MTF is Municipality Type Factor. Its value shall be entered in the formula as follows:
a. Municipal Council 0.75, b. Municipal Committee 0.5
2. LVF is Land Value Factor. It is one tenth of the unit area value of land in Rs lakh per kanal of land as notified under J&K Preparation and Revision of Market Value Guideline Rules, 2011 as on 1st April of the base year of that block of three years. e.g. for the first block from 1st April, 2023 to 31 March, 2026, if the per kanal value of land as on 1st April, 2023 as per the aforementioned value guidelines is Rs 60 lakh, it be entered as 6 in the above calculation and shall continue to be entered as 6 during the three financial years of the block.
3. ARF is the Area Factor. It is the built area or the vacant area in respect of which the tax liability is being calculated, as the case may be, in square feet. In the case of Property tax on built area, it refers to the total covered area of that floor in square feet. In case of areas with winter snowfall, the area of the attic shall not be counted in built-up area. In the case of Property tax on vacant land not appurtenant to a building, the area of the vacant land in square feet shall be entered. In the case of Property tax on vacant land appurtenant to a building, the area to be entered in the formula shall be the area, in square feet, in excess of two times the built-up area of the ground floor.
4. FF is floor factor. For calculating the liability of different floors and vacant land abutting the building, the floor factor shall be entered in the formula as follows:
a. Residential buildings including flats, b. Other buildings: 1. Ground floor 2. First floor 0.8, 3. Second floor 0.5, 4. Third floor and above 0.1, 5. Vacant land 5 100OC 0.7 8751.
C. Basements for all types of buildings: 0.5
5. UTF is Usage Type factor. For vacant land appurtenant to a building, it shall be the same as that of the building itself. Where different portions of a building are put to different uses, property tax for the built-up area as well as the taxable vacant appurtenant area shall be separately calculated, proportionately, for each area under a particular use. The value to be entered in the formula for different usage types shall be as follows:
a. Residential apartment/ flat 2.5, b. Residential house, C. Industrial (Manufacturing) 22572, d. Institutional/Public/ Semi Public e. Commercial, except 3 star and above Hotels: 12, towers & hoardings 15.
6. CTF is the Construction Type Factor. Its value shall be entered in the formula as follows, based on the predominant and substantive nature of the construction:
a. RCC construction, 1, b. Pucca (without RCC) construction 0.9, C. Prefabricated structure 0.8, 0.6, d. Kuccha/Bamboo/Wood/Tin Structure
7. AGF is Age Factor. The value for this factor shall be entered in the formula as follows:
a. 0-20 years old 1.00, 0.90, b. 20-30 years old, C. 30-40 years old 0.80, d. 40-50 years old 0.70, e. 50-60 years old 0.60, f. More than 60 years old 0.50
8. SF is Slab Factor. The value of slab factor shall be entered in the formula as follows based on the total built-up area calculated as indicated at 3 above.
SF is Slab Factor. The value of slab factor shall be entered in the formula as follows based on the total built-up area calculated as indicated at 3 above.
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