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Rajasthan govt scraps taxes on work book, biogas in Budget 2014-15

Jaipur: Rajasthan Chief Minister Vasundhara Raje today proposed scrapping tax on work-book, biogas, ‘reetha and shikakai' and takeaway cooked food from restaurants, reduced VAT on oilseeds but increased taxes on raw spices, textile furnishings in

India TV News Desk India TV News Desk Updated on: July 14, 2014 17:44 IST
The Chief Minister also proposed 30 per cent entertainment entertainment tax on cinemas and multiplexes, while cinema halls in villages having population of up to 1 lakh have been exempted from entertaiment tax.

There would be a 5 per cent entry tax on LNG, industrial fuels, light diesel oil and 10 per cent luxury tax on heritage grand hotels, she said.

Raje also proposed one time tax on 200cc motor cycle, middle class cars, and green tax on diesel run cars and SUVs.
On late payment of VAT the state proposed a fine of Rs 12 percent on compound interest basis, and cess tax on infrastrucutre development, she said.

For improving the indirect tax system, Raje said her government also wanted to bring GST (Goods and Services Tax) for better coordination of centre-state tax relations, she said.

Taking Tax and revenue collection on hi-fi and e-governance mode, Raje said all assessment of taxes would be online from April 1, 2015, she said.

Raje announced to set up a GST Consultation Committee to formulate GST policy in consultation with the Central government and abolition of Tax Settlement Board to reduce tax litigation cases.

For realy segment, Raje proposed a fresh stamp duty range on sale of apartments in multiplexes from 2 to 4 per cent.  The state would introduce e-stamp availability to save paper stamps, and provide training to vendors in 91 independent deputy-registrar offices, she said.  The land rate revision by District Level Committee (DLC) would automatically revised at the rate of 10 per cent annually if it is not examined by the Urban Development agencies, she said.

On bordering towns, a Rajathan Drinking Water Grid would be set up, and 5000 RO water purifier would be set up in villages under safe drinking water mission, she said.

A sum of Rs 289 crore would be provided for 12 drinking water projects, and water charges would be made logical, she said.
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