Gehlot announces new tax relief,concessionshttps://indianexpress.com/article/india/india-others/gehlot-announces-new-tax-relief-concessions/

Gehlot announces new tax relief,concessions

Rajasthan CM Ashok Gehlot announced in the house a set of new measures like tax relieves,new SEZ act and increased salary for MLAs.

Without facing any debate on the Finance Bill and Appropriation Bill-2009,Rajasthan chief minister Ashok Gehlot today announced in the house a set of new measures like tax relieves,new SEZ act and increased salary for MLAs.

Four per cent tax on sugarcane product “gur” (jaggery),all kinds of sarees,including decorated ones,unfried potato chips,and rice bran have been abolished,Gehlot said in a statement tabled in the house.

However,taxes on towels and shoes costing up to Rs 200 have been raised up to Rs 300,while taxes on power tools and their accessories have been reduced from 14 per cent to four per cent.

Handicraft products like wood (babool,mango,sheesham) are going to get cheaper with a reduction in tax from 14 per cent to 4 per cent,he said.

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A unified tax of Rs 2,000 (one time) has been imposed on sale of used vehicles with engine capacity of up to 1000 cc and on used heavy vehicles the tax has been kept at Rs 8000 (one time).

Giving impetus to private sector,the chief minister said a new Special Economic Zone Act would be formed,and land conversion fee would be Rs 100 (unit of area not mentioned in the speech),with developer & co-developer being given an equal status.