VAT to be introduced in Jharkhand from April

Friday, March 10, 2006, 15:35 [IST]

Ranchi, Mar 10 (UNI) Finance Minister Ragubor Das today announced that Value Added Tax (VAT) would be introduced in Jharkhand from April one.

Presenting the budget for 2006-07 in the assembly, he also said businessmen having annual turnover of up to Rs 50,000 lakhs would enjoy optional process of tax returns.

He also announced that Jharkhand would be developed as a herbal state.

In all 20 of the 22 districts were earlier brought under national rural employment guaratee programme. The other two districts were included in the budget to cover the entire state, he said.

UNI SCS PL VD KN1517

Other articles published on March 10, 2006

Dog carries away abandoned new-born in Kashmir

Friday, March 10, 2006,15:35 [IST]

srinagar, Mar 10 (UNI) People outside a maternity hospital were shocked when they saw a dog carrying a new-born baby in its mouth. The dog dropped the dead baby after the people chased it near the Lala Ded Hospital in the Civil Lines area here. Shock and panic gripped the entire area and later the baby was handed over to the police. The police today said, the initial investigations revealed that the new-born baby had been.....

AP Govt plea to Centre on maritime varsity

Friday, March 10, 2006,15:36 [IST]

Hyderabad, Mar 10 (UNI) Andhra Pradesh Government has urged the Centre to establish a maritime university in the state. Replying to a question by Anam Vivekananda Reddy and others of the Congress, Minister for Finance K Rosaiah said the Centre had proposed to set up two maritime Universities in the country and the state had urged it to establish one of them in Visakhapatnam, which was a major port city. He said the government was.....

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K'taka Govt has open mind on Mono Rail too

Friday, March 10, 2006,15:36 [IST]

Bangalore, Mar 10: Welcoming the Centre giving the final clearance to the Metro Rail project in the city, Karnataka Chief Minister H D Kumaraswamy said the State would also consider the other alternative of Mono Rail to ease the traffic congestion here. Speaking at the annual members day of the Confederation of Indian Industry (CII) here, he said, ''The state has an open mind on Mono Rail also.'' With the securing of the final clearance for the Rs 6,300 crore.....

Tax-free deficit budget presented in Assembly

Friday, March 10, 2006,15:36 [IST]

Ranchi, Mar 10 (UNI) Jharkhand Finance Minister Raghubor Das today presented a Rs 712.72 crore tax-free deficit budget for the year 2006-2007. Presenting the budget in the assembly the Minister said Rs 15,394.84 crore have been proposed under consolidated fund expenditure while the estimated reciepts were Rs 14,478.95 crore. The opposition members, however, walked out of the House immediately after Mr Das started reading the speech. He said the size of the budget for 2006-2007 was.....

Uproar in MP Assembly over Speaker's assurance

Friday, March 10, 2006,15:36 [IST]

Bhopal, Mar 10(UNI) Uproarious scenes were witnessed in the Madhya Pradesh Assembly today as Speaker Ishwardas Rohani prevented opposition Congress member Satyadev Katare from raising an issue during zero hour after permitting him to do so earlier. The house plunged into uproar as Mr Katare pointed out the Speaker's earlier promise to give him an opportunity after the zero hour mention by Mr Kailash Chawla (BJP), sparking protests from the treasury bench. Mr Katare.....