J&K Budget Session

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budget finances

Govt exempts toll on export of fruit, gypsum

Monitor News Bureau

Jammu, Feb 06: Giving relief to the Fruit and Gypsum Industry in the state, the government has exempted the toll on their export which was announced by the Finance Minister in Budget 2018-19.

“In exercise of the powers conferred by section 5 of the Levy of Toll Act, Samvat 1995 (Act No: VIII of 1995), the Government hereby directs that export of the fresh fruit and gypsum produced within the State of Jammu and Kashmir shall be exempt from payment of toll leviable under the said Act,” said SRO-66 issued by the Finance Department.

This notification shall come in force w.e.f February 6, 2018.

Meanwhile, through a separate SRO issued Vide No: 65, the State Government has included Wheat bran in the list of exempted import items.

 


 

Non-commercial LMVs exempted from toll

Monitor News Bureau

Jammu, Feb 06: The Government has exempted the Non-Commercial Light Motor Vehicles entering and leaving the State from payment of Basic Toll.

The Finance Department has issued SRO 67 in this regard. As per the notification, the government in exercise of the powers conferred by section 5 of the Levy of Toll Act, Samvat 1995 (Act No. VIII of 1995), directs that all Non-Commercial Light Motor Vehicles entering and leaving the State shall be exempted from payment of Basic Toll leviable under the said act.

The notification shall come in force w.e.f February 6, 2018.


 

Govt exempts toll on various export items

Monitor News Bureau

Jammu, Feb 06: As announced by the Finance Minister Dr Haseeb A Drabu in the Budget 2018-19, the Government has exempted toll on various items which are being imported to the state.

“In exercise of the powers conferred by section 5 of the Jammu & Kashmir Levy of Toll Act, Samvat 1995 (Act No VIII of 1995), the Government hereby directs that import of following items including Sanitary items (Toilets seats-Indian, Western & Urinals, Washbasin, Pedestal, Bidet, Bathtub, Sink and accessories like soap holder, towel rod and toilet paper holder, Taps, showers, Faucets shall not include pipes to be used for bathroom fittings) shall be exempt from payment of Toll leviable under the said Act,” said SRO-68 issued by the Finance Department.

Besides, Jaggery (Gur), Sugar, Medicines for human and animal consumption, Vegetables (leafy, Non-leafy including Onion, Potato, Garlic and Ginger etc.), Newsprint paper, Tea, Tree Spray Oil, Wheat seed, Salt (Iodized), Soaps (Soaps used by humans for bathing, washing of clothes and utensils and Detergents (liquid, cakes and powder), Narial (Coconut with water) and Pulses have also been exempted from paying toll while their import to the state.

This notification shall come in force w.e.f February 6, 2018.

 


Loans advanced by NABARAD

Govt approves remission of stamp duty

Monitor News Bureau

Jammu, Feb 06: The Government has cancelled the stamp duty for an amount upto Rs 3.00 lakh in case of the loans advanced by the NABARD to Self Help Groups (SHGs) and Joint Liability Groups (JLGs).

“In exercise of the powers conferred by clause (a) of section 9 of the Stamps Act, Samvat 1977 (XL of 1977), the Government hereby directs that there shall be remission of stamp duty under the said Act for an amount uptoRs 3.00 lakhs (upto Three Lakhs only) in case of the loans advanced by the NABARD to Self Help Groups (SHGs) and Joint Liability Groups (JLGs),” reads SRO 71 issued by the Finance Department in this regard.

 


LC passes Bill to establish JK Higher Education Council

Monitor News Bureau

Jammu, Feb 06: The Upper House today passed “A Bill to Provide for the Establishment and Constitution of State Higher Education Council for enforcing, planning, monitoring, evaluation and quality assurance in Universities and other Higher Educational Institutions of the State and for the matters connected therewith and incidental thereto (L.A. Bill NO.1 of 2018)”.

Earlier, the Bill was moved by the Minister of State for Education Priya Sethi. The House passed the bill with a voice vote.

 


LC passes Bill to amend Ayurvedic, Unani Practitioners Act

Monitor News Bureau

Jammu, Feb 06: The Upper House today passed “A Bill to amend the Jammu and Kashmir Ayurvedic and Unani Practitioners Act, 1959 (L.A. Bill No.2 of 2018)”.

Earlier, the Bill was moved by the Minister of State for Education Priya Sethi on behalf of Minister for Health and Medical Education, Bali Bhagat. Later, the Bill was passed with a voice vote.

 


LC passes Fisheries Bill

Monitor News Bureau

Jammu, Feb 06: The Upper House today passed “A Bill to provide for the protection, conservation and development of fisheries in the state and for matters connected therewith or incidental thereto (L.A. Bill No.4 of 2018)”.

The Bill was moved by the Minister for Animal, Sheep Husbandry and Fisheries, Abdul Gani Kohli and passed with a voice vote.

 


LC passes Bill to Amend JK Land Revenue Act-1996

Monitor News Bureau

Jammu, Feb 06: The Upper House today passed “A Bill to Amend the Jammu and Kashmir Land Revenue Act-Samvat 1996 (L. A Bill No: 8 of 2018).”

Minister for Agriculture Ghulam Nabi Hanjura moved the bill on behalf of   Minister for Revenue, Hajj & Auqaf, Parliamentary Affairs, Abdul Rehman Veeri.

The Bill was passed with a voice vote.

 


LA passes Bill to amend Salaries, Allowances of MLAs

Monitor News Bureau

Jammu, Feb 06: The House on Tuesday passed “A Bill to amend the Salaries and Allowances of Members of the Jammu and Kashmir State Legislature Act, 1960 (LA Bill No.3 of 2018).”

The Bill was moved by the Minister for Agriculture Ghulam Nabi Hanjura on behalf of Minister for Revenue, Hajj & Auqaf, and Parliamentary Affairs, Abdul Rehman Veeri in the House.

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