Welfare initiatives

Rs 130 crore for return

and rehabilitation of kashmiri migrants.

Rs 8 crore set apart for

migrants group mediclaim insurance

Rs 90 Crore for Sher-ekashmir employment & Welfare Programme for the youth.

Welfare initiatives

Rs 21 crore for welfare of

SCs and OBCs.

Rehbar-e-Talim to get
uniform remuneration of Rs 3000/- per month.

Child & Women Empowerment

Rs 5 crore provision for

beti-anmol scheme.

Rs 10 crore for
empowering skilled young women.

Rs 16 Crore for training of

women in Handicafts and Handlooms trade

Initiatives in agriculture sector

Exemption from levy of VAT on

all types of chemical fertilizers, bio-fertilizers and micro nutrients. Fungicides akso exempt from levy of VAT. Insurance services covering agriculture, horticulture crops exempt from service tax. Insurance services providing cover to cattle wealth, poultry, birds, fish, sheep, goat and dairy units also exempt from service tax.

Welfare initiatives

Rs 723 crore for expanding

Investment of Rs 343 crore

in Agriculture Sector for improving seed replacement rate, farm mechanization, post harvest management and marketing facilitation of fruit, vegetables, commercial floriculture and sericulture produce.

irrigation network in the state

Initiative for tourism sector

List of areas and

locations qualifying for incentives under tourism package liberalized and expanded.

Capital investment

subsidy limit raised to Rs 100 lakh in case of prestigious units investing Rs 25 crore or more

TAX Concessions

Atta, maida, suji, besan, rice,

paddy outside VAT net for one more year. Tax concessions to individual units extended for further one year. Concessions and exemptions enjoyed by tourism sector to continue for yet another year. Besides exemption of water usage charges for ten years, independent power producers also to enjoy exemptionof entry taxon import of all power generation and transmission equipment, building material.

Initiative for tourism sector

Service tax exemption for

private hospitals, nursing homes, diagnostic centres, pathological services to human beings and animals.

Consideration for youth & students

Desktop, laptops, palmtops etc.

exempt from VAT. Computer peripherals like pen drives, CDc, memory cards, chips, headphones, electronic diaries, computer cleaning kits and other IT peripherals also exempt from VAT Stationery items like adhesive solutions, gum pastes, lapping compounds, tapes, sealing wax, paper envelopes, pencils, highlighters, erasers, sharpeners, pencil boxes etc exempt form tax.

Consideration for youth & students

Vat on sales of cigarettes

and related items further hiked to 30% Sales tax on liquor, beer etc. enhanced to 30% Security and placement services, Pnadal and shamiana Services, annual maintenance contracts brought under service tax net. Five paisa per kilometer increase in the rate of toll.

Thank You For Your

Kind Attention