Biz and Economy

 Press Trust of India

Kashmir trade bodies call on Murmu, apprise him of problems being faced by people post Aug 5

Srinagar: A delegation of 22 trade and business organisations, led by the Kashmir Chamber of Commerce and Industry (KCCI), on Thursday called on Jammu and Kashmir Lieutenant Governor G C Murmu to apprise him about the socio-economic problems being faced by the people, especially the business community, in the Valley. The delegation submitted a detailed […]

 Press Trust of India

JK abolishes toll tax from New Year, to incur annual loss of Rs 1,500 cr

JK abolishes toll tax from New Year, to incur annual loss of Rs 1,500 cr

Jammu: Jammu and Kashmir administration on Tuesday announced abolition of toll posts, including at Lakhanpur along Jammu-Pathankot highway, a move that will lead to a loss of Rs 1,500 crore to the exchequer annually. The decision of the abolishment of the toll tax from the New Year was welcomed by traders while industrialists termed the withdrawal […]

 Press Trust of India

Centre extends market intervention scheme for apple growers in J&K till Mar 2020

Centre extends market intervention scheme for apple growers in J&K till Mar 2020

Srinagar: The Centre on Sunday extended the market intervention scheme aimed at providing optimum price for apple growers in the Kashmir Valley till March next year, an official spokesman said here. The scheme, launched in September this year by then Jammu and Kashmir Governor Satya Pal Malik, has been approved by the Department of Agriculture […]

 Press Trust of India

JK Bank appointed lead bank convenor for UT of J&K; SBI gets Ladakh

JK Bank appointed lead bank convenor for UT of J&K; SBI gets Ladakh

Mumbai: The Reserve Bank on Thursday appointed Jammu & Kashmir Bank as the lead banker for the newly carved out union territory of Jammu and Kashmir. State Bank of India (SBI) will be the lead convenor bank for union territory of Ladakh. The government through a gazette notification on August 9, 2019 had reorganised the […]

 Press Trust of India

CBDT extends all ITRs filing deadline for JK, Ladakh to Jan 31

New Delhi: The CBDT on Tuesday again extended the deadline for filing of all kinds of income tax returns to January 31, 2020 in the newly-created UTs of Jammu and Kashmir, and Ladakh. The policy-making body for the Income-Tax department issued an order relaxing the earlier set deadline of November 30 “on consideration of reports […]

 KV News

Govt exempts construction material from toll payment

Govt exempts construction material from toll payment

JAMMU:  The Government today exempted import and export of construction material into and out of the Jammu and Kashmir from toll payment. As the National Green Tribunal recently banned mining of minor minerals in J&K due to lack of environment clearances of the majority of the blocks, construction materials like sand, bajri, gravel etc. became scarce […]

 KV News

Taxpayers to file their GST returns by 20th Dec 2019: State Taxes Dept.

Taxpayers to file their GST returns by 20th Dec 2019: State Taxes Dept.

JAMMU:  State Taxes Department issued an advisory for the taxpayers to file their GST returns by 20th of December 2019, in reference to the decision taken by the Government regarding extension of date of filing of GST returns for the period of July, August, September and October 2019. Further Jammu and Kashmir bank has issued […]

 Press Trust of India

Amazon sues Pentagon over $10B contract awarded to Microsoft

Amazon sues Pentagon over $10B contract awarded to Microsoft

Washington: Amazon is suing the Pentagon over a $10 billion cloud-computing contract awarded to Microsoft. Amazon said it filed a legal complaint Friday with the U.S. Court of Federal Claims seeking to challenge the decision. The complaint is sealed, but the company said earlier this month there was “unmistakable bias” on the government’s part. Amazon’s […]

 KV Correspondent

JK Tourism Deptt participates in World Travel Mart London

JK Tourism Deptt participates in World Travel Mart London

Navin Chaudhary interacts with global tourism players

SRINAGAR: Jammu and Kashmir Tourism Department participated in World Travel Mart in London to showcase the huge potential J&K offers to visitors, travelers and adventure lovers. Principal Secretary Tourism Navin Kumar Choudhary along with Deputy Secretary Tourism Waseem Raja attended the prestigious event to promote J&K’s tourism potential among the travel leaders of the globe. […]

 KV Correspondent

Snowfall Aftermath: Electricity continues to remain ‘mysterious’ in many areas

Srinagar: Life is still out of gear in Kashmir Valley due to continuous shutdown and massive snowfall. Majority of the areas are still reeling under darkness while authorities are busy claiming full restoration in most of the areas. News organizations recieved dozens of phone calls from people hailing from Qamar Abad, HMT, Kursu Rajbagh, Jawahar […]