Jammu and Kashmir Bank Hit with Record ₹81.31 Billion GST Demand: Financial Stability at Risk

Unknown Apr 02, 2026 6 Views

Jammu and Kashmir Bank has been issued a staggering Goods and Services Tax (GST) demand notice of ₹81.31 billion (≈$978 million), marking one of the largest tax-related challenges faced by a regional bank in India. The notice, confirmed on February 5, 2025, threatens to strain the bank&rsqu...

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