Pay more for cooking gas, cars
No major schemes announced by finance minister Ajit Pawar.mumbai Updated: Mar 27, 2012 01:14 IST
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.