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Highlights of Delhi Budget 2016-17

Posted Date : 29-Mar-2016 , 07:22:18 am | Posted By CASANSAAR print Print
The following are some of the highlights of the Delhi Budget for 2016-17:

Items on which Value Added Tax (VAT) is proposed to be slashed from 12.5 percent to 5 percent

* Sweets and Namkeens

* Readymade garments costing above Rs.5,000

* Marble

* Footwear costing above Rs.500

* School bags costing above Rs.300

* Battery operated e-rickshaw, hybrid automobiles

- VAT is proposed to be reduced from 20 percent to 12.5 percent on watches costing above Rs.5,000.

- Threshold limit of luxury tax is proposed to be increased from existing Rs.750 to Rs.1,500 per day per room.

- Total budget proposed for the financial year 2016-17 - Rs.46,600 crore.

- Allocation for education sector - Rs.10,690 crore.

- Allocation for health sector - Rs.5,259 crore.

- Allocation for Delhi Metro Rail Corporation - Rs.763 crore.

- Initial allocation for CCTV cameras across Delhi - Rs.200 crore.

- Allocation for road infrastructure - Rs.2,208 crore.

- Allocation for public transport - Rs.1,735 crore (plan outlay).

- Allocation for women's safety, security and empowerment - Rs.1068 crore.

- Allocation for Mohalla Rakshak Dal for women's safety - Rs.200 crore.

- Allocation for water supply and sanitation - Rs.1,976 crore (plan outlay).

- Allocation for Aam Aadmi Canteen - Rs.10 crore.

- Allocation for development works in unauthorised colonies - Rs.300 crore.

- Allocation for housing and urban development - Rs.2,466 crore (plan outlay).
#casansaar (Times of India)

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