Announcement Of J&K’s New Industrial Policy After Union Budget thedispatch.in

The new industrial policy of Jammu and Kashmir, which is formulated with an objective to lure more investment is in final stage and will be announced after Union budget on February 1 or after Assembly Elections Delhi on February 8. “Under the new Industrial Policy, which is almost in the final stage, the industries are likely to get full reimbursement of UTGST, complete exemption from Stamp Duty and capital investment subsidy besides a host of other benefits, which have been finalized taking into account the previous such policies in Jammu and Kashmir, other Himalayan States and North East,” reported The daily excelsior quoting a source.