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Pay more for cooking gas, cars

No major schemes announced by finance minister Ajit Pawar.

Updated on: Mar 27, 2012, 01:14:19 IST
Hindustan Times | By , Mumbai
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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.

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