Tuesday, February 27, 2007

Gujarat State budget 2007-08

Gujarat State budget for 2007-08 has some good news for the common man., which means reduction in power bills, registration charges for immovable property and stamp-duty, and simplified motor vehicle tax.

Electricity duty is reduced to 20% from 30 % for following category.

vegetable shop owners,
Xerox machine operators,
STD/PCO operators, tailors,
hair-cutting saloons,
laundry owners,
panshop owners,
cutlery provision stores,
book stall,
small shops of milk products,
cyber cafes,
internet service providers,
cable operators,
petrol pumps,
farsan shops,
water kiosks,
pathology laboratories,
private blood banks and hospitals,
private libraries...

Government also offers the stamp duty relief of Rs 126 crore by bringing it down from 5.95 % to 4.9 %.

Proposed motor vehicle is to do away with the present fuel-based classification of vehicles, this tax now will be on the sale price of vehicles, this will reduce the present 67 tax rates to 18.

Government plans to provide domestic piped natural gas to towns like Vapi, Valsad, Navsari, Sarigam, Nadiad, Chandkheda, Motera, Rajkot, Morbi, Ahmedabad, Anand, Mehsana and Himmatnagar.

CNG stations will be set up at 20 places on the State highways by 2008 including Vapi, Valsad, Navsari, Bharuch, Nadiad, Kalol, Mehsana, Chandkheda, Bamanbor, Morbi, Rajkot, Amreli, Jamnagar and Bhuj.



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