Budgeting Next Fiscal
J&K’s yearly requirement for funds are increasing with every passing year. But the interesting part is that while the devolution from the central tax poll are...
Packaged Oddly
Prime Minister Modi’s Rs 80068 crore TAMIER package has its intent rooted in the heart of the right-wing. But how will J&K use this...
#Budget2018-19: FinMin Dr Drabu’s Complete ‘Panchayat Budget’ Speech
Dr Haseeb A Drabu Thursday presented first ever separate Panchayat Budget of Jammu and Kashmir, an attempt to focus on rural governance. Kashmir Life...
MS Moneybag
Every time Prime Minister Manmohan Singh lands in Kashmir, he makes promises to change the socio-economic discourse by pumping resource to manage the deficit....
#Budget 2016-17: FinMin Dr Drabu’s Full Budget Speech
Dr Haseeb A Drabu Monday presented second budget as Minister of Finance in the PDP-BJP government. The budget, delayed by over three months due...
Pushing Spending
At the core of state budget is a serious push to public spending so that the economy moves out of the shadows of GST-demonetization impact....
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...
“You are living in the most uncertain economy in the world”
Kashmir Life (KL): You are busy in next budget. But there is an impression that a lot of promises you made in earlier budgets...
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.
