https://www.taxtmi.com/news?id=21853 The Act divides the existing State into two Union territories-Ladakh (without Legislature) and Jammu and Kashmir (with Legislature); reallocates parliamentary and assembly seats and deems sitting members elected to successor territories; mandates delimitation (using 2011 census) and reservation proportions for Scheduled Castes and Scheduled Tribes; applies specified central laws and a common High Court; establishes financial architecture (Consolidated Fund, Public Account, Contingency Fund), procedures for financial Bills and appropriation, and provides for apportionment of assets, liabilities, services and transitional continuity of laws and personnel under committee and executive arrangements. en-us Mon, 05 Aug 2019 18:46:20 +0530 Wed, 11 Feb 2026 15:58:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21853 The Act divides the existing State into two Union territories-Ladakh (without Legislature) and Jammu and Kashmir (with Legislature); reallocates parliamentary and assembly seats and deems sitting members elected to successor territories; mandates delimitation (using 2011 census) and reservation proportions for Scheduled Castes and Scheduled Tribes; applies specified central laws and a common High Court; establishes financial architecture (Consolidated Fund, Public Account, Contingency Fund), procedures for financial Bills and appropriation, and provides for apportionment of assets, liabilities, services and transitional continuity of laws and personnel under committee and executive arrangements. News - Mon, 05 Aug 2019 18:46:20 +0530 https://www.taxtmi.com/news?id=21853