Lieutenant Governor Manoj Sinha Friday said that in Jammu Kashmir, people use internet data, buy I-phones and pay to play videos he wonders why there was a hue and cry over imposition of nominal property tax.
Sinha said that the money collected from property tax will be used to development and welfare of the people.
Addressing a function at Jammu where LG extended Pradhan Mantri Fasal Bima Yojana ( PMFBY) to the farmers of all 20 districts of J-K, the LG said that the administration hardly gets the power tariff and water bills paid by the people.
“In J-K, people pay to use internet data, buy I-phones and play videos, I wonder why there is hue and cry over imposition of property tax,” the LG said, adding that there will be a push to the GDP in J-K once property tax will be collected.
The LG said that SAKUST-Kashmir and Jammu will be made of international standards while food security will comprise proteins as well.
On 22 February, Jammu and Kashmir administration ordered the imposition of property tax from April 1, a move that has evoked widespread condemnation.
The tax rates will be 5 percent of taxable annual value (TAV) for residential properties and 6 percent for commercial properties, said an order of the LG administration.
In another announcement, the administration said that small houses (Below 1000 sq feet or 3.6 Marla) were exempted from the tax and the amount fixed for commercial buildings was nominal.
The admin, however, evoked sharp criticism from almost all the political parties who termed the move as unjustified. (Inputs from KNO)