Farming machines made tax-free in Madhya Pradesh

Posted on 26th Feb 2015 11:01 am by mohit kumar

Bhopal, Feb 25 (IANS) Madhya Pradesh Finance Minister Jayant Malaiya Wednesday presented a Rs.1,31,199 crore budget for 2015-16 which slashes value added tax (VAT) on 40 products and makes farming equipment tax-free.

While VAT has been reduced to five percent from 13 percent on 40 products, it has been doubled on tobacco-free pan masala. Besides, the cost of sand, pebbles and flooring stones has been increased in the budget.

The minister has proposed non-planned expenditure of Rs.70,850 crore and planned expense of Rs.60,049 crore.

Other news

Cabinet Decision: 1.5% rebate in interest on short-term agricultural loans, ECLGS increased by Rs 50 thousand crores, know the benefit

The Central Government has made a big announcement to give relief to the farmers. After the cabin

The company has increased the price of the Redmi Note 10 Pro, this is the new price of the phone with a 64 MP camera

The company has increased the price of Xiaomi's Redmi Note 10 Pro, one of the biggest smartphone

Flight Accident: Chaos on Hawaiian Airlines flight, 11 passengers seriously injured

At least a dozen people were seriously injured after a crash aboard a flight from Phoenix to Hono

Srinivasan hands over World Cup trophy to Australia

Melbourne, March 29 (IANS) Former BCCI president and current ICC chairman N. Srinivasan handed

Kiara Advani openly talks about her heart about Siddharth Malhotra, what is she going to do to express love!

Kiara Advani is promoting the film Jug Jug Jio vigorously these days. In this film, she is seen a

Corona: groom dies in Patna after two days of marriage, 111 people still infected

Even during the Corona era, marriages have not stopped, till the lockdown went on, only one or tw

Corruption in Rafale deal: French website Media Part report- Fear of corruption in Rafale fighter plane deal, Daiso gave 4.39 crores in the name of client gift

France's news website Media Part has once again raised questions over fears of corruption in the

IPL 2024: After the match between Kolkata and Hyderabad, Shahrukh Khan made a mistake on the field, apologized with folded hands

Shahrukh Khan's team KKR achieved a spectacular victory in the IPL match between K

Coronavirus (COVID-19) updates: First positive case in Chhattisgarh; numbers soar to 169 in India

कोरोनावायरस (COVID-19) भारत नवीनतम समाचार à

Pakistan: In the Toshakhana case, Imran Khan and his wife Bushra were sentenced to 14 years in jail, and also fined Rs 78-78 crore.

Before the general elections in Pakistan, the problems of opposition party founder Imran Khan are