J&K govt rolls back 9.5% hike in levies
The Jammu and Kashmir government on Thursday rolled back the 9.5% hike in the levies (5% to 14.5%) on mobile phones, ready-made garments, and hosiery items, said Finance Minister Haseeb Drabu. Helicopter services would also be exempt from the 5% hike in the levy on Aviation Turbine Fuel, Drabu added. Earlier, the government had announced an increase in the levies.