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[ad_1] SRINAGAR: Amid growing criticism over imposition of property tax in Jammu and Kashmir, the administration of the Union Territory has sought feedback from the general public over the proposed tax. In a notice, the Housing and Urban Development has sought suggestions/ comments from the general public over imposition of property tax in Jammu and…
[ad_1] Abandoned many times in the recent past, the Jammu and Kashmir administration has started the process of imposing a property tax that is estimated to fetch Rs 150 crore and augment the resources of the urban local bodies. The move triggered a chain reaction, Khalid Bashir Gura reports Within days after bulldozers halted the…
[ad_1] SRINAGAR: Urging citizens not to fall prey to the misinformation spread on Property Tax, Lt Governor Manoj Sinha on Wednesday said that that nearly 80 percent of the population will be exempted from the tax and those who would be covered under it, would pay it at nominal rates. “Nearly 75 to 80 percent…
[ad_1] SRINAGAR: Days after the government announced levying of property tax in Jammu & Kashmir, the administration on Wednesday said that the Municipal Corporations and Committees have started passing the resolution to adopt the decision and that the transparency system in the Union territory has no comparison with rest of the country. In an exclusive…
[ad_1] SRINAGAR: Private Schools Association of Jammu and Kashmir (PSAJK) has urged the LG led administration to exempt educational institutes from the ambit of property tax. In a statement, the Association said that the schools have suffered a lot during the last few years and this has plunged the majority of educational institutes into a…
[ad_1] SRINAGAR: Jammu and Kashmir Lieutenant Governor Manoj Sinha on Monday said that 40 percent of the J&K population will have to pay no property tax and the remaining 60 per cent have to pay nominal amount between Rs 600 to Rs 1000 maximum amount per annum. He said that tax amount fixed is one-tenth…
[ad_1] SRINAGAR: Former minister and senior National Conference leader, Ajay Kumar Sadhotra, has stated that the people of Jammu and Kashmir will not accept anything less than a complete withdrawal of property tax. Sadhotra today wondered over the parallels being drawn by the government between Jammu and Kashmir and other states of the country in…
[ad_1] SRINAGAR: The People’s Democratic Party (PDP) on Saturday staged a protest march calling for the reversal of the Jammu and Kashmir administration’s decision to impose property tax in the Union Territory starting on April 1. The new tax rates will be 5% for residential properties and 6% for commercial properties. Suhail Bukhari, the PDP’s…
[ad_1] SRINAGAR: The Kashmir Chamber of Commerce & Industry (KCC&I) has expressed its opposition to the government’s decision to impose property tax in Jammu & Kashmir. In a recent meeting of the Executive Committee, the KCC&I stated that the sentiment of trade, commerce, and industry in the union territory is low, and people are not…
[ad_1] SRINAGAR: Lieutenant Governor Manoj Sinha said citizens’ welfare is foremost priority of the government and property tax will ensure financial self-sustainability of cities and improvement of public amenities in the Union Territory. In a statement LG Manoj Sinha said that our cities must witness rapid development and emerge as engines of growth. “For that…