Maharashtra Budget 2017: Concessions for farmers but no loan waivers

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    Maharashtra Budget 2017: Concessions for farmers but no loan waivers
    Mumbai  -  

    Maharashtra's Finance Minister Sudhir Mungantiwar on Saturday presented the state's budget on Saturday that had concessions for farmers but no loan waiver as was being demanded by the Opposition.

    • Tax on lotteries and liquors increased.
    • GST will be applicable from 1 July 2017.
    • The Central Government will compensate the loss due to GMC.
    • For the farmers, the 6% slab tax on the jio Membrane has now been reduced to 0.
    • 13.5% tax on swile testing kit has been slashed.
    • The tax on the milk testing kit has been reduced to 0.
    • 5% tax reduced to 0, on fuel for 10 airports.
    • Reduction in surcharges to promote cashless transactions.
    • 0 % tax on Gas and Electricity bodies.
    • 25.03% tax on domestic, foreign and Indian liquor by 23.08.
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