Benefits under Northeast Industrial Development Package extended to JK
No GST, no Income Tax; Transport, Employment Incentives to Industrial Units for 5 yrs
JAMMU: In a major step towards promoting rapid industrialization and economic prosperity in Jammu and Kashmir, the Department of Industrial Policy and Promotion (DIPP), Government of India today approved extension of all benefits to J&K given to the Northeastern States under North East Industrial Development Scheme. According to an official spokesman, till June 2017, the benefits […]
J&K Bank inks MoU with Global Money Transfer Company
Move aimed at facilitating customers to receive hassle free and fast remittances
Srinagar: Facilitating its customers to receive remittances faster, J&K Bank Ltd has signed a Memorandum of Understanding (MOU) with Instant Global Money Transfer Company for online money transfer. The MOU was signed by the Bank’s Strategy & IT Vice President, Sushil Kumar Gupta and the Company’s Head-Operations, Renjith T. Alex. The agreement is an endeavor to […]
J&K Bank donates ambulance under its CSR program
Welfare of the society remains the elemental teaching of our great saints: Parvez Ahmed
Srinagar: In line with its vision of social empowerment, J&K Bank donated an ambulance to Gousia Shafakhana and Diagnostic Center – a non-profit organisation – working under the aegis of Idaara Auqaf Gousia Saraibala under its Corporate Social Responsibility (CSR) Program. After paying obeisance at the revered shrine of Hazrat Shiekh Adbul Qadir Jeelani (RA) at […]
1,300 dealers may face action for not filing GST returns
Jammu: The Jammu and Kashmir state tax department is contemplating a special drive against 1,300 dealers who failed to file their Goods and Service Tax returns since the new law came into force in July last year. The process of collection of data regarding all the business establishments in the state has been initiated and […]
J&K Bank launches Gold Loan
Financial empowerment of every individual our larger mission: Parvez Ahmed
Srinagar: Our larger mission continues to be the financial empowerment of every individual and every section of the society. Since women play the most important role in the overall existence of mankind, the need to financially empower women, who are otherwise richly endowed by providence, is very vital. For their financial empowerment would ensure the growth of […]
Ending disbursement of subsidised sugar anti-people move: Farooq
Srinagar: National Conference president Farooq Abdullah Tuesday hit out at the Governor’s administration in Jammu and Kashmir for ending disbursement of subsidised sugar to the state’s BPL consumers, saying it will adversely affect the poor. He also demanded that the administration roll back its decision for the benefit of the people. “It is an anti-people […]
Centres approves new tourist, trekking routes in Ladakh
New Delhi: The Home Ministry has approved new tourist and trekking routes in the Ladakh region of Jammu and Kashmir to promote adventure tourism and enhance economic activities. The Home Ministry, in a statement, said the decision has been taken buoyed by the success of many tourism initiatives announced under the Prime Minister’s Development Package-2015. […]
J&K Bank confers ‘Honour Badges’ to its top ‘Achievers’
Recognition is vital to bring out the best in us: CEO
Srinagar: J&K Bank staff is an amazing human resource to work with for the simple reason, i.e. they surpass expectations even while working under stressful and challenging situations and particularly since I assumed the highest Chair of the bank I have seen my 12000 plus dedicated staff accepting challenges, leveraging opportunities and amazing the critics by […]
Govt to have powers to appoint Administrator, Professional Board for Cooperative Banks
SAC approves ‘Jammu and Kashmir Cooperative Societies (Amendment) Bill, 2018’
Jammu: The State Administrative Council (SAC) headed by Governor, Satya Pal Malik approved amendments to the Jammu and Kashmir Cooperative Societies Act, 1989. The Bill seeks to replace the J&K Cooperative Societies (Amendment) Ordinance, 2018 promulgated by the Hon’ble Governor on 14.06.2018. The amendments will enable the Government to constitute a Board of Management or […]
SAC approves Budget 2019-20
JAMMU: Devised to give a massive push to the public infrastructure, Rs 88911 crore state budget for the fiscal 2019-20 was approved by the State Administrative Council (SAC) headed by Governor Satya Pal Malik. Advisors to the Governor, K Vijay Kumar, Khurshid Ahmad Ganai and Kewal Kumar Sharma, Chief Secretary BVR Subrahmanyam and Principal Secretary […]
