jj correspondent
Jammu, Feb 24: Stating that Jammu and Kashmir is the last Union Territory to implement the reform with minimum financial implications on the common masses, Jammu Deputy Commissioner Avny Lavasa on Friday emphasized that the tax is progressive in nature with minimum implications to small households and business establishments and it will also help generate local employment through innovative means within the urban region.
Chairing a meeting with all stakeholders including the Presidents, Vice Presidents and Executive Officers of all seven Municipal Committees and their market associations to create awareness and answer queries regarding implementation of Property Tax, Lavasa, informed that residential houses and apartments with built up area upto 1000 sqft, religious institutions and agricultural land have been exempted from paying any property tax.
The meeting was convened to curb the misinformation being spread regarding property tax in which the Deputy Commissioner gave them a detailed powerpoint presentation about the truth and facts about the property tax.
“The property tax is to be levied on annual basis and not monthly and shall be deposited in the bank accounts of respective ULBs which shall further be utilised by the elected body of ULBs to carry out developmental works & improve infrastructure and service delivery,” said Lavasa.
In the meeting, all the queries of the stakeholders were addressed through demonstrations and sample calculations for minimum and maximum tax implications.
The stakeholders expressed satisfaction and assured support to the progressive taxation and committed to teach the masses and fight against spread of misinformation.
The Deputy Commissioner directed the EOs to establish help desks in order to create awareness among people and understand more about the property tax. UNI
