Highlights of Delhi Budget 2016-17
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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)
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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