In order to incentivize the newly established units and the units undergoing substantial expansion, J&K Government accorded sanction to the notification of the scheme namely the ‘Jammu and Kashmir Reimbursement of State Taxes for encouraging investments for industrial development’. Here are things to know about Jammu & Kashmir Reimbursement of State Taxes’ scheme: The industrial unit … Read more
In a significant move, a high-level delegation of the Dubai Ports Group led by its Chairman and CEO Sultan Ahmed Bin Sulayem arrived by a chartered flight here this morning to discuss with the State Government the modalities for setting up Inland Logistic Hub in Jammu and Srinagar. Immediately on their arrival here, Sultan Ahmed … Read more
The Economic Survey Jammu & Kashmir 2017 brought out eight interesting facts about our state. State Economy: The Economy of the State is expected to register a growth of 8.49 per cent (Advanced) in 2017-18 at constant prices of 2011-12 as compared to the growth rate of 3.29 per cent during 2016- 17. Net State … Read more
Jammu and Kashmir govt clears plan to reimburse 100 per cent re-imbursement of the State Tax paid (SGST) after utilization of the Input Tax Credit (ITC). According to news report of Daily Excelsior, The Finance Department of Jammu and Kashmir Government has announced budgetary support for eligible manufacturing units in Jammu and Kashmir. Highlights: The Finance … Read more