No new tax proposals in Delhi Budget; Rs 260 crore for power subsidy

No new tax proposals in Delhi Budget; Rs 260 crore for power subsidyNew Delhi: A day after power tariff hike, the Government has announced subsidy for Delhi residents consuming electricity up to 400 units. This is part of Delhi budget which was presented by Finance Minister, Arun Jaitley, in the Lok Sabha today.

Proposing no new taxes in the Budget for Delhi, Union Finance Minister Arun Jaitley on today announced subsidy of Rs 0.80 to Rs 1.20 per unit to small power consumers as also a slew of measures like low floor buses, sanitation and multi-speciality hospital in Rohini.

The budget proposes total expenditure of Rs 36,776 crore, while it estimates earnings of Rs 31,571 crore through tax, Rs 11,061 core through non-tax sources, Rs 699.71 crore through capital receipts and Rs 3,672.09 crore from the Centre.

The National Capital will have 20 new schools and a new school for architecture and planning. It has also been proposed to open three new centres for medically challenged patients. Females coming from different parts of the country to the National Capital will have more accommodation facilities, as there will be six more working girls hostels.

The budget proposes total expenditure of Rs 36,776 crore, while it estimates earnings of Rs 31,571 crore through tax, Rs 11,061 core through non-tax sources, Rs 699.71 crore through capital receipts and Rs 3,672.09 crore from the Centre.

Bureau Report

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