16.1 C
Saturday, December 2, 2023

40 per cent of J&K population to pay no tax; remaining to pay Rs 600 to Rs 1000 maximum annually, says LG Manoj Sinha


Share post:


Srinagar : Amount fixed on J&K UT one tenth of Shimla, Ambala, Dehradun, Shopkeepers too to pay nominal tax annually; J&K people must come forward to build better UT
Jammu and Kashmir Lieutenant Governor Manoj Sinha said that 40 per cent of the J&K population will have to pay no property tax and the remaining 60 per cent have to pay nominal amount between Rs 600 to Rs 1000 maximum amount per annum. He said that tax amount fixed is one-tenth of the tax being paid by Shimla, Ambala and Dehradun.
Talking to reporters on the sidelines of a function at SKICC here, the LG said in J&K, 2, 0, 3,680 households are less than 1500 Sq feet

About the commercial including shops, the LG said that 1,01000 shops are in J&K of which 42 per cent shops are less than 100 sq feet. “These shops will have to pay less than Rs 700 per anum. 76 per cent of the total shops of 1,1000 shops will have to pay very minimum amount as the property tax,” he said, adding that the amount collected will directly go into the accounts of Municipal Corporations and utilized for the development of the areas where tax will be collected.

I urge the common people of J&K to come forward and help build a better J&K,” the LG said.


Please enter your comment!
Please enter your name here

Related articles

Amit Panghal & Shiva Thapa clinch gold at National Boxing Championships

Shillong: Heavy favourites Amit Panghal (51kg) and Shiva Thapa (63.5kg) powered their way to impressive victories as they...

Law & order would be improved in 72 hours if his party voted to power in Bihar : Pappu Yadav

Patna: Patron of Jan Adhikar Party (JAP) Rajesh Ranjan alias Pappu Yadav on Saturday said that law and...

Ayodhya intl. airport phase-1 to be completed by Dec 15: Yogi

Ayodhya (UP): Uttar Pradesh Chief Minister Yogi Adityanath on Saturday said the first phase of construction of Maryada...

Ready to discuss all issues in a structured debate: govt

New Delhi: The BJP-led Central government on Saturday said it was ready for discussions on all issues in...