Budget In Brief
The Finance Department budget proposal for the next financial year is a step up over earlier allocation with a focus on infrastructure and certain...
No case for taxman
A Supreme Court order has shagged off the taxman from the backs of industrialists and on the way saving them a whooping Rs 900...
#Budget2017-18: FinMin Dr Drabu’s Complete Budget Speech
Dr Haseeb A Drabu Wednesday presented third budget as Minister of Finance in the PDP-BJP government. Kashmir Life reproduces full budget speech in larger...
Fiscal Initiatives
VAT on food grains
I had apprised the Hon’ble Members last year that several states are charging VAT at rates, ranging from 4% to 5%, on atta, maida, suji, besan, paddy and rice etc. In consideration of last year’s rising food inflation as an All India phenomenon, I had deferred my proposal to bring these items under the VAT net and announced the continuation of exemption from the levy of VAT on these commodities upto 31st March, 2012.
The Sweat Money
Managers of the Rs 4300 crore Provident Fund of the workers in Jammu and Kashmir’s private and public sector were literally yearning for a...
#Budget2017-18: FinMin Dr Drabu’s Complete ‘Power Budget’ Speech
Dr Haseeb A Drabu Wednesday presented third budget as Minister of Finance in the PDP-BJP government. Kashmir Life reproduces full budget speech of power...
Annual Plan 2012-13
The Planning Commission of India has yet to formally determine the size of the Twelfth Five Year Plan, which, when finalized, will also give us a firm idea about the likely size of our successive annual plans for the coming five years.
Drabu’s antidote for PSUs
A committee on PSU reforms lead by Dr Haseeb Drabu has undone the recommendations of Godbole committee set up in 1998. While Godbole recommended...
Idealist’s Pragmatism
Though linked directly with budgeting J&K’s economy for various years, Finance Minister Dr Haseeb Drabu’s third consecutive budget in less than two years is...
Budget Estimates 2012-13
The next year’s total receipts and expenditure are estimated at Rs 33,853 crore each. The total revenue receipts are estimated at Rs 29,948 crore...
Spending Rs 1 Lakh Cr
In the second consecutive budget that Nirmala Sitharaman presented to the Lok Sabha, the major expenditures continue to remain the same, reports Tasavur Mushtaq
Historically the...
Budget 2014 -15
With the fiscal deficit under control and the overall growth rate better than the national average, J&K is anticipating to spend a record Rs...
Revenue generation: Trade suggests how
As Finance Minister Abdul Rahim Rather prepares to draft the budget 2009, he has been interacting with trade and industry chieftains for inputs. Kashmir...
Taxing Times
The pellet-powered government was so shocked by the reaction to new tax regime that it is unable to tell people that it wanted to...
2011-12: The Revised Estimates
The total budgetary receipts are placed at Rs 31,022 crore in the Revised Estimates in comparison to the Budget Estimates of Rs 31,212 crore. The total receipts consist of Rs 25,513 crore as revenue receipts and Rs 5,509 crore as capital receipts.
