J&K Government Makes GST-Linked Bank Accounts Mandatory for Contractor Payments

Last updated: 14 July 2025


In a significant move to enhance transparency, traceability and GST compliance, the Finance Department of Jammu and Kashmir has mandated that all government payments to contractors and suppliers be made strictly to bank accounts linked with their respective GSTINs. The directive, issued via an offi
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.


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