Pay more for cooking gas, cars

No major schemes announced by finance minister Ajit Pawar.

mumbai Updated: Mar 27, 2012 01:14 IST
Ketaki Ghoge
Ketaki Ghoge
Hindustan Times

The budget that finance minister Ajit Pawar tabled in the state legislature on Monday will burn a hole in your pocket, but it shows little promise of accelerating the state’s growth through reforms and investments in development.

Pawar has kept taxation at a minimum, but you will feel the pinch — cooking gas will cost Rs 20 more as the minister has introduced 5% value added tax on LPG cylinders for domestic use; the motor vehicle tax is up by 2% for petrol cars and 4% for diesel cars.

Pawar has rationalised the stamp duty structure by introducing a flat 5% duty, which means that making a conveyance deed for a property transaction will cost you Rs17,400 more.

First Published: Mar 27, 2012 01:11 IST