Jammu and Kashmir government is likely to impose Property Tax in Jammu and Kashmir from 1st April 2023.
As per the media reports, in a high level meeting a decision was taken to implement Property Tax in Jammu and Kashmir from next Financial Year.
Quoting Administrative Council decision No. 13/1/2023, an official memo reads ” The administrative council approved the proposal with the direction that the proposed Property Tax, which will take effect on 1st April 2023, shall be levied at half of the proposed formula.”
