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Not Acceptable: Jammu Chamber Raises Voice Against Property Tax People can’t even pay children’s fees, how will they pay property tax, asks chamber chief PTI photo outlookindia.com 2021-02-19T15:54:20+05:30 Also read The Chamber of Commerce and Industries Jammu today said property tax is not acceptable and it would oppose it tooth and nail. Addressing a news conference in Jammu, president, Chamber of Commerce and Industries, Jammu, Arun Gupta, said since August 5, 2019, Jammu has remained closed off and on and people are not in any position to pay taxes. He said Jammu remained closed during the lockdown also. “The government should know how people are surviving and running their businesses,” he said. He said the government should review the property tax. “We are opposing it strongly and we will go to any extent to oppose it,” Gupta said. ....
Govt begins exercise for imposition of Property Tax through ULBs Govt begins exercise for imposition of Property Tax through ULBs Step to help in availing Rs 503 cr addl borrowings from GoI Mohinder Verma JAMMU, Feb 15: In a move which may not be welcomed by the people but has become compulsion to get additional borrowings from the Centre, the Government of Union Territory of Jammu and Kashmir has started an exercise for the imposition of Property Tax through Urban Local Bodies (Municipal Corporations, Municipal Councils and Municipal Committees). Moreover, Property Tax Board will be constituted shortly on the recommendations of the Housing and Urban Development Department to deal with all the aspects relating to assessment and valuation of properties across the Union Territory. ....
Achieve specified core benchmarks expeditiously: CS to Admn Secys J&K needs to act fast on power sector, business, ULB reforms Mohinder Verma JAMMU, Jan 19: In order to get 2% of the Gross State Domestic Product (GSDP) as additional borrowings from the Government of India as recommended by the 15th Finance Commission, the Chief Secretary of Union Territory of Jammu and Kashmir BVR Subrahmanyam has directed the concerned Administrative Secretaries to achieve the specified core benchmarks as expeditiously as possible. Official sources told EXCELSIOR that in the month of May last year the Union Government raised borrowing limits for the States and Union Territories for the current fiscal to 5% of the Gross State Domestic Product from 3% subject to their carrying out specific reforms. ....
SRINAGAR: There is new drama at Srinagar Municipal Corporation (SMC) just one-and-a-half month after Mayor Junaid Mattu was elected. Now the Congress party has filed a defection petition against its 10 councillors for voting in favour of Mattu despite the party whip, which was issued in favour of Sheikh Imran, former Deputy Mayor. The petition was filed by Basharat-bin-Qadir, the Congress’s whip issuer, before the Chief Election Commissioner on December 22, seeking disqualification of its councillors. Today (Monday), the case was heard, following which January 12 has been set as the date for filing objections to the petition. As per the notice, which is in possession of Kashmir Reader, the defection suit has been filed against Congress councillors Shafaat Gaffar, Sara Bilal, Shameema Khan, Zahoor Ahmad Rather, Farooq Ahmad Dar, Haseena, Syeda, Rasool Hajam, Gulshan Bilal, and Showkat kak. ....