Biz and Economy

 KV News

Axis Bank relocates branch to Karan Nagar in Srinagar

Srinagar: Axis Bank, India’s third largest private Bank Friday announced that it has relocated its branch which was at Srinagar Fruit Mandi Complex, Parimpora Srinagar, Kashmir to a new location at Karan Nagar, Srinagar, Lake City plaza, Karan Nagar, Srinagar. The Karan Nagar branch was inaugurated by Dr. Shahid Choudhary, DC (IAS), Srinagar in the […]

 Press Trust of India

JCCI writes to Amit Shah over ‘intentional targeting of biz community in Jammu’

JCCI writes to Amit Shah over ‘intentional targeting of biz community in Jammu’

Jammu: The Jammu Chamber of Commerce and Industries Thursday wrote to Home Minister, Amit Shah alleging “intentional targeting of business people of Jammu Province”. In a letter addressed to Shah, President JCCI, Rakesh Gupta alleged that there had been “hollow claims being conveyed by the state administration to the Government of India as well as […]

 KV News

Upgraded Pesticide Quality Control lab at Lal Mandi inaugurated

SRINAGAR: Director Agriculture Kashmir Syed Altaf Aijaz Andrabi Thursday inaugurated upgraded pesticide quality lab here at Lal Mandi. The laboratory has been equipped with high quality GLC and UV vis Spectrophotometer which is capable of analysing Hexaconozole 5% EC and Melathion. With the augmentation of these high-tech equipments, the pesticide analysing capacity of the laboratory […]

 KV News

Govt announces Tax exemption to start-ups

Govt announces Tax exemption to start-ups

New Delhi: Startups receiving investments from Ventures Capital Fund are exempt from taxation as per provision of Section 56, (2) (vii b) of Income Tax Act 1961 (Act). Angel Fund is sub category of Ventures Capital Fund under Category-I Alternative Investment Fund (AIF), hence, eligible for the same exemption, Minister of Commerce and Industry, Piyush […]

 KV News

BSNL makes special efforts to provide smooth connectivity for Amaranath yatries

Jammu: BSNL Jammu & Kashmir Telecom Circle has made special efforts to provide smooth connectivity for communication requirements of Yatries visiting the Amaranath Shrine along Pahalgam route, Baltal route and up to the Holy cave, a spokesman of the telecom service provider said. “Ten sites with 15 combo (2G+3G) BTS have been commissioned. BSNL only […]

 Press Trust of India

15th finance panel stresses on dialogue with GST council

15th finance panel stresses on dialogue with GST council

Bengaluru: Finance Commission Chairman N K Singh Tuesday stressed the need for a dialogue between the commission and Goods and Services Tax (GST) council to address various concerns on the taxation regime. He said the Commission had requested the Finance Minister, who is the Chairman of the GST council, regarding this, and has received a […]

 KV News

Illicit cigarettes being dumped in Kashmir, says report

Illicit cigarettes being dumped in Kashmir, says report

Crackdown launched on illegal selling of tobacco products

Srinagar: In what should send alarm bells ringing, the J&K Police has unearthed a major illegitimate trade in illegal and fake cigarettes in the city. 50 stores were booked on Tuesday for violating COTPA provisions. Over the years, owing to the law and order situation in the Valley, a large quantity of cheap foreign brands […]

 KV News

Advisor Sharma seeks liberal central assistance for development of JK

NEW DELHI: Advisor to Governor, K K Sharma Tuesday met Union Secretary( Expenditure), Finance Girish Chandra Murmu at New Delhi to discuss various issues related to revenue and capital expenditure needs of the State. The Advisor impressed upon the Central Government that the State Government has faced a major deficit in revenue due to implementation […]

 KV News

J&K Bank inaugurates ATM at Sheikh-Ul-Alam Hospital

Srinagar: Reaffirming its outreach and commitment to cater to the financial needs of the society, J&K Bank commissioned an Automated Teller Machine (ATM) inside the premises of Sheikh-Ul-Alam Hospital here at Srinagar. President J&K Bank Mohammad Younis Patoo inaugurated the ATM in presence of the Bank’s Zonal Head Kashmir Central, Tabassum Nazir, Cluster Heads Shabir […]

 KV News

J&K Bank’s Information Security officer bags CSO100 Award

Srinagar: J&K Bank’s Chief Information Security Officer, Muneer Hassan Wani, has won the prestigious IDG Security & CSO100 Award for the year 2019 at a ceremony held in Pune, Maharashtra. He won the award for adopting new ways of thinking to secure business assets with sophisticated tools and improved defences. The J&K Bank awardee is […]