📷 Image: Wikimedia Commons / Prime Minister's Office
Politics
J&K CM Omar Says GST Council Decisions Will Bolster State’s Fiscal Health and Drive Growth
✍️ Daily Excelsior
🗓 08 Oct 2026, 08:37 PM
👁 12
Chief Minister Omar announced that recent GST Council decisions are expected to strengthen Jammu and Kashmir’s fiscal position and support economic growth.
Chief Minister Omar of Jammu and Kashmir held a press briefing on Tuesday, stating that the latest decisions taken by the GST Council would significantly strengthen the state’s fiscal position.
Omar highlighted that the council’s measures are designed to improve revenue collection and reduce the tax burden on businesses, thereby creating a more conducive environment for investment.
He added that the enhanced fiscal health would enable the state to accelerate infrastructure projects and support job creation across key sectors.
The announcement comes as Jammu and Kashmir continues to align its tax policies with national reforms to boost economic activity and improve public finances.
Omar highlighted that the council’s measures are designed to improve revenue collection and reduce the tax burden on businesses, thereby creating a more conducive environment for investment.
He added that the enhanced fiscal health would enable the state to accelerate infrastructure projects and support job creation across key sectors.
The announcement comes as Jammu and Kashmir continues to align its tax policies with national reforms to boost economic activity and improve public finances.