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J&K Govt withdrawal of 50% additional duty on liquor’s.

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4 years ago

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To make up for a revenue shortfall, the Jammu and Kashmir administration is contemplating the withdrawal of the 50 per cent additional excise duty imposed on liquor prices in the Union Territory

Excise Commissioner R K Shavan sought the waiver of the additional duty in a letter to Financial Commissioner Arun Kumar Mehta, sources said

“There has been drastic fall in the sale of liquor especially middle and low economy class brands and also the sales in army/para military unit canteens” during the past two months, the letter read, adding that “the 50 per cent additional excise duty has discouraged the consumers to purchase less quantity both in the open market as well as in the unit canteens”
“Figures have revealed that the quota lifted from the Army Depots across the Union Territory has declined as compared to previous period,” the Excise Commissioner wrote

Pointing out that it has been “reliably” learnt that many other states have rolled back the additional “corona virus duty”, Shavan recommended that the Union Territory administration waive the 50 per cent additional duty on liquor till a new policy comes into force so that the sale and manufacturing of liquor is enhanced to generate revenue

The administration had announced the hike in May to compensate for the loss of revenue due to the Covid-19 lockdown

Though there has been no official word on the quantum of fall in revenue from liquor sales during the past two months, sources put it at a whopping Rs 125 crore in April alone

The manufacture and sale of liquor has been a major source of revenue for the administration in Jammu and Kashmir. There are nearly 220 liquor shops and over a dozen distilleries in the Jammu region alone. Kashmir, on the other hand, is a different story altogether—there are only four liquor shops in Srinagar.

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Apple is giving a huge discount on its gadgets: Details inside

Published

3 years ago

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May 5, 2022

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If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.

The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.

Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.

 

Amazon Summer Sale May 2022: Discount offer on iPhone 13 

Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.

If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.

Buy at Rs. 64,900 (MRP – Rs. 79,900)

Features of Apple iPhone 13 

The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.

The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.

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