Business Archives | Page 42 of 103

‘Negative’ media coverage of Kashmir affected tourism: Congress

January 13, 2018January 13, 2018 Editor

The Congress today expressed concern over the “negative” portrayal of Kashmir in prime-time television debates, saying it has hurt the state’s tourism sector. “There is a concern over the negative portrayal of Kashmir in prime-time (TV) debates and it has badly affected the tourism of the state,” the leader of Congress Legislative Party, Nawang Rigzin Jora said, during a discussion on the budget in the Assembly today. Jora made a strong pitch for corrective measures in this regard. He questioned the absence of the mention of agriculture growth in the…

Electricity, Petroleum, Real estate and Alcohol could come under GST

January 12, 2018 Editor

Finance Minister Haseeb Ahmad Drabu Thursday said power, petroleum, real estate and liquor could be soon brought under the ambit of Goods and Services Tax (GST). Presenting the J&K Budget 2018-19 in the Legislative Assembly, the finance minister said a committee of officers and professionals in the area of taxation and industry had been constituted to work out the framework for brining real estate, electricity, alcohol and petroleum under J&K GST. He said the reason of brining electricity under the ambit of GST was that under the GST Input Tax…

GST not viable for J&K’s economy: KCCI

January 11, 2018 Editor

The implementation of the Goods and Services Tax (GST) has not gone down well with the businessmen in Kashmir who are seeking its roll back in the present form. They complained that their concerns were never considered by the state and the central government before its extension to JK which, they said, has affected their already fledgling business. Kashmir Chamber of Commerce and Industries (KCCI) president, Javed Tenga said GST implementation in Jammu and Kashmir was not a “well-thought-out” and not good for state’s economy. “It was implemented here in…

Annual Amarnath pilgrimage from 28 June, 15000 pilgrims to be allowed daily

January 10, 2018January 10, 2018 Editor

Governor chairs shrine board meeting; implementation of NGT directions discussed Governor NN Vohra, who is also the Chairman of the Shri Amarnathji Shrine Board (SASB), presided over an emergent meeting of the shrine board at New Delhi today to particularly discuss among other issues the implementation of the recent directions of the National Green Tribunal (NGT) with regard to the yatra and to decide the further course of action. The shrine board deliberated on the NGT’s directions contained in its December 13 and 14 orders in the case titled “Gauri…

Kashmir to face 50% cut in industrial production post GST

January 6, 2018 Editor

Industrial production for the current financial year in Kashmir will be 50 percent down due to discontinuation of special tax exemptions post GST implementation, apex industry body Federation Chamber of Industries Kashmir (FCIK) said on Friday. Speaking with Kashmir Post, FCIK President Mukhtair Yousuf said despite playing an important role for import substitution, local industry has not been provided incentives such as “extension of tax holiday’ as promised by the state government. “Most of these units have been set up on the promises and commitments made by the consecutive governments…

Ice-climbing event held at Pahalgam

January 4, 2018 Editor

The Department of Tourism, Kashmir, organised an ice-climbing event at Chandanwari in Pahalgam in an effort to promote adventure tourism in the Kashmir valley. A statement issued by the department today said trained mountaineers from the Jammu and Kashmir Mountaineering and Hiking Club and Glacier Trekking, Mountaineering and Hiking Club participated in the event with the collaboration of the Jawahar Institute of Mountaineering and Winter Sports. Director, Tourism, Kashmir, Mahmood A Shah said the extreme adventure sports activity had an international appeal which could attract adventure lovers from across the…

Non-locals take away major chunk of jobs across Kashmir Valley

January 2, 2018 Editor

Even as unemployment level has increased in Kashmir the non-locals are doing most of the jobs here and have turned to shop keeping and vending as well. Most of the workforce of carpenters, painters and masons is now being provided by outsiders. In Lal Chowk non-locals could be seen running vends as well as working as salesmen. The trend raises questions on whether Kashmiri youth are only looking at government jobs as means of employment. At Sarai-Bala, near the Dastageer Sahab shrine, almost every stall owner is a non local.…

Govt chooses Pahalgam over Gulmarg to ring in New Year

January 1, 2018 Editor

“We celebrated New Year at Pahalgam so that the resort would become popular as a winter destination. Pahalgam also receives good snowfall, besides it has a potential for winter adventure sports activities,” Mahmood A Shah, Kashmir Tourism Director The Tourism Department this year preferred Pahalgam resort over the bustling Gulmarg ski resort to usher in New Year. “This year, we celebrated New Year at Pahalgam to promote the destination for winter tourism. Pahalgam, which primarily is a summer destination, receives lesser tourist footfall in winter as compared to Gulmarg which…

Tourists thronging Gulmarg for new year celebrations

December 30, 2017December 30, 2017 Editor

After witnessing little to no visitors for more than a year now, tourism players in Kashmir at the end of 2017 have got a reason to cheer. Hotels in Gulmarg are jam-packed, as tourists from across the country are rushing towards this famous ski resort in north Kashmir on the New Year’s Eve. People associated with travel trade say other tourist destination in Kashmir have also witnessed a good number of hotel bookings. They say tourist arrivals started to pickup from December 23 to celebrate Christmas here and later stayed…

Abhishek Bachchan and Taapsee Pannu to start shooting in Kashmir for Manmarziyan

December 29, 2017 Editor

Recently, it was found that Abhishek Bachchan will play the lead role in Anurag Kashyap’s upcoming film ‘Manmarziyan’. If rumours are to be believed, Junior Bachchan has replaced Malayalam actor Dulquer Salmaan, who was previously cast for the role. Produced by Aanand L Rai, the shooting is said to begin in February 2018 in Kashmir. The makers of the film are looking forward to shoot a romantic scene at a snowy landscape. The film also stars Vicky Kaushal, who was known for his performance in Masaan, who will be playing…