User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

SRINAGAR: Approving the State Government’s proposal, received from the Chief Minister, Governor N. N. Vohra has, in exercise of the powers conferred upon him under Section 53 of the Constitution of Jammu and Kashmir, prorogued the Jammu and Kashmir Legislative Assembly and the Jammu and Kashmir Legislative Council.

User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

SRINAGAR: Governor N.N. Vohra today accorded assent, under Section 78 of the Constitution of Jammu and Kashmir, to the Jammu and Kashmir Goods and Service Tax Act 2017 after the Bill had been passed by both the Houses of the State Legislature. This Bill was enacted after issue of the Presidential Order which extended the application of certain Provisions of the Constitution of India, in a modified form, through an Order of the President of India issued on   6thJuly 2017. With the Governor’s assent and the enactment of the Statute, the GST frame work has become applicable to the J&K State. This Act provides for the levy and collection of tax on intra- State supply of Goods and Services by the State of Jammu and Kashmir.

 

User Rating: 0 / 5

Star InactiveStar InactiveStar InactiveStar InactiveStar Inactive

SRINAGAR: Deputy Chief Minister, Dr Nirmal  Singh has described the passing of GST Bill as the historic step to transform economy of the state and complemented the Government for this move. In a message of felicitation, Dr Singh said that the Act would ensure that the business activity of the state gets fillip by implementation of a uniform tax regime. He said the traders and consumers will be benefitted by this measure resulting in the accelerated  growth of the economy of the state.