This is an archive article published on April 9, 2011
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HP passes bill to levy power generation tax

Himachal Pradesh’s efforts in 1995 to seek the Centre’s nod to levy Generation Tax on hydro-power projects may have failed

Written by: Express News Service
2 min readShimlaApr 9, 2011 03:52 AM IST First published on: Apr 9, 2011 at 03:52 AM IST

Himachal Pradesh’s efforts in 1995 to seek the Centre’s nod to levy Generation Tax on hydro-power projects may have failed,but on Friday,Chief Minister Prem Kumar Dhumal laid greater emphasis on joint effort of both BJP and the Congress to get Presidential assent to the Bill.

Overwhelmingly supporting the Himachal Pradesh Electricity (Taxation on Generation) Bill-2011,Congress MLAs justified the BJP government’s move to impose generation tax as part of the state’s resource mobilisation effort. To be levied at paise 25 per unit on the power generated in the state,it will net an income of Rs 675 crore per annum.

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