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J&K Assembly to consider two amendment bills
Srinagar, June 20: Jammu and Kashmir finance minister Muzaffar Hussain Baig today introduced two bills in the assembly, seeking to amend J&K State Legislature Members Pension Act 1984 and J&K Entry Tax on Goods Act, 2000.
Srinagar, June 20: Jammu and Kashmir finance minister Muzaffar Hussain Baig today introduced two bills in the assembly, seeking to amend J&K State Legislature
Members Pension Act 1984 and J&K Entry Tax on Goods Act, 2000.
Baig said the amendment proposed in the Pension Act, 1984, would entitle payment of pension under the act in addition to any pension that might be admissible to a member
under any other law.
It will also provide for payment of family pension to the family of a member who dies before the completion of two years term required under the law. Baig said the proposed amendment in the Entry Tax on Goods Act, 2000, would make important provisions relating to refund as available in Jammu and Kashmir General Sales Tax Act, 1962, incorporated in the law.
Jammu and Kashmir Entry Tax on Goods Act 2000 was in vogue for the last three years and has served the intended purpose that was to impose tax on goods imported by persons as defined in the act for use or consumption within the state, he said. A host of provisions under Jammu and Kashmir General Sales Tax Act, 1972 relating to matters such as appeals, revisions, transfer of cases, recovery of fines and penalities have been made applicable under Jammu and Kashmir Entry Tax on Goods Act 2000.
However, the important provision relating to refund has not been made applicable under this act.
Bureau Report
It will also provide for payment of family pension to the family of a member who dies before the completion of two years term required under the law. Baig said the proposed amendment in the Entry Tax on Goods Act, 2000, would make important provisions relating to refund as available in Jammu and Kashmir General Sales Tax Act, 1962, incorporated in the law.
Jammu and Kashmir Entry Tax on Goods Act 2000 was in vogue for the last three years and has served the intended purpose that was to impose tax on goods imported by persons as defined in the act for use or consumption within the state, he said. A host of provisions under Jammu and Kashmir General Sales Tax Act, 1972 relating to matters such as appeals, revisions, transfer of cases, recovery of fines and penalities have been made applicable under Jammu and Kashmir Entry Tax on Goods Act 2000.
However, the important provision relating to refund has not been made applicable under this act.
Bureau Report