Jammu and Kashmir government today presented a zero-deficit budget for 2012-13, with emphasis on strengthening the backbone of its economy– tourism and agriculture. It also proposed multi-sectoral concessions like VAT,service Tax and stamp duty exemptions but hiked tax oncigarettes and liquor for additional resource mobilisation.Presenting a 33,853 crore rupees budget, the fanance minister imposed tax on security and placement services, pandal and shamiana services and annual maintenance contracts. State Finance Minister Abdul Rahim Rather told reporters after presenting the budget in J&K Assembly in Jammu that it aimed at serving the interest of the common man. He said the current financial year has been witness to the consolidation of peace and order in our state, which increased the state's revenue from 3,400 crore rupees to 4,600 crore rupees. So, government wants to share the dividends of peace with people in J&K so that they get a feel of it .