Ziraat Times Team Report
Srinagar: Jammu & Kashmir administration has announced remission of duty chargeable in case of instruments/documents executed between the borrowers and the lending financial institutions on fresh loans.
According to a notification issued by the Finance Department vide no. 277, dated 2nd September 2020, a copy of which has been received by Ziraat Times, this will be applicable to all categories of borrowers in Jammu & Kashmir.
This remission shall come into force with immediate effect and shall be valid till 31st march, 2021 from the date of issuance of the notification.