Tag: suggestions

Genuine Suggestions On Property Tax To Be Heard: LG Sinha

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SRINAGAR: Jammu & Kashmir’s Lieutenant Governor Manoj Sinha on Wednesday said that genuine suggestions of the public on imposition of property tax in Jammu & Kashmir would be considered.
During a news conference in Jammu, LG Sinha mentioned that suggestions submitted by the public will be evaluated, and those that are verified to be genuine will be taken into consideration.
The LG also stated that Jammu & Kashmir is the last state/UT to impose property tax, and the rates applied in this UT are significantly lower compared to the rates implemented in neighbouring cities such as Shimla, Chandigarh and Dehradun. He added that 40% of urban residents in J&K are exempt from paying property taxes.
“There are 520000 houses in urban areas of Jammu & Kashmir. Out of them, 206000 are exempted from property tax,” he said.
He said that 203600 houses would have to pay maximum Rs 1000 per annum as property tax in certain areas of Srinagar and Jammu. “If we look at other towns, they will have to pay Rs 600, Rs 500 per year,” he said.
It is worthwhile to mention that the J & K administration has sought feedback from the general public over imposition of property tax in the Union Territory. (KNO)

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#Genuine #Suggestions #Property #Tax #Heard #Sinha

( With inputs from : kashmirlife.net )

March 29, 2023
Property tax in J&k; Genuine suggestions would be considered: LG Manoj Sinha

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Srinagar, Mar 29: Jammu & Kashmir’s Lieutenant Governor Manoj Sinha on Wednesday said that genuine suggestions of the public on imposition of property tax in Jammu & Kashmir would be considered.
Addressing a news conference in Jammu, as per news agency—Kashmir News Observer (KNO), Sinha said that suggestions submitted by the people would be analysed and those found genuine would be considered.
The LG said that Jammu & Kashmir was the last state/UT to impose property tax and the rates in the UT are much lower than the rates applicable in cities of neighbouring States. “If we compare the rates with Shimla, Chandigarh and Dehradun, these are less than 1/10th of the rates applicable in these cities,” he said, adding that 40 percent people living in urban areas of J&K are exempted from paying property taxes.
“There are 520000 houses in urban areas of Jammu & Kashmir. Out of them, 206000 are exempted from property tax,” he said.
He said that 203600 houses would have to pay a maximum Rs 1000 per annum as property tax in certain areas of Srinagar and Jammu. “If we look at other towns, they will have to pay Rs 600, Rs 500 per year,” he said.
It is worthwhile to mention that the J & K administration has sought feedback from the general public over imposition of property tax in the Union Territory—(KNO)
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#Property #tax #Genuine #suggestions #considered #Manoj #Sinha

( With inputs from : roshankashmir.net )

March 29, 2023
Adani row: SC refuses to accept Centre’s suggestions on expert panel in sealed cover

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New Delhi: The Supreme Court on Friday refused to accept in a sealed cover the Centre’s suggestion on a proposed panel of experts for strengthening regulatory measures for the stock market.
Observing that it wants to maintain full transparency in the interests of investors, a bench comprising Chief Justice D Y Chandrachud and Justices P S Narasimha and J B Pardiwala said it would rather not accept the Centre’s suggestion in a sealed cover.
“We will not accept the sealed cover suggestion by you because we want to maintain full transparency,” the bench said.
On February 10, the top court had said the interests of Indian investors need to be protected against market volatility in the backdrop of the Adani Group stock rout and asked the Centre to consider setting up a panel of domain experts headed by a former judge to look into strengthening the regulatory mechanism.
Till now, four PILs have been filed in the top court on the issue by lawyers M L Sharma and Vishal Tiwari, Congress leader Jaya Thakur and activist Mukesh Kumar.
Adani Group stocks have taken a beating on the bourses after the Hindenburg Research made a litany of allegations, including fraudulent transactions and share-price manipulation, against the business conglomerate.
The Adani Group has dismissed the charges as lies, saying it complies with all laws and disclosure requirements.

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( With inputs from www.siasat.com )

February 17, 2023