No new taxes in Jaitley’s Rs.36,776 crore Delhi budget

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New Delhi, July 18 (IANS) Finance Minister Arun Jaitley Friday presented Delhi’s Rs.36,776 crore budget for fiscal 2014-15 in parliament, proposing a new specialty hospital and 100 ambulances for accident victims, while keeping tax rates unchanged. The Aam Aadmi Party (AAP) dismissed the budget as “betrayal” of the people of Delhi, saying that BJP cannot be credited with not introducing fresh taxes as under President’s rule, no new tax is levied when the budget is presented in parliament. The Congress called the budget as “directionless.” The budget also proposes Rs.260 crore power subsidy for small consumers, ranging from Rs.0.80-Rs.1.20 per unit, four new sewage treatment plants, 50 dialysis centres and Rs.2,400 crore for education. Of the total outlay, the maximum amount – Rs.3,702 crore – was set aside for the transport sector which was followed by the allocation of Rs.2,724 crore for the health sector.

Source: https://in.news.yahoo.com/no-taxes-jaitleys-rs-36-776-crore-delhi-153803212–finance.html

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