1% stamp duty concession for women; ₹19,500 crore for sewage treatment plants in Mumbai
In a bid to recover the struggling economy in the wake of COVID-19, the Maharashtra Budget for 2021-22 has focused on investment in infrastructure development, while providing women with financial benefits and promising devotees a makeover of religious places.
State Finance Minister Ajit Pawar on Monday presented a ₹4,84,118.19 crore Budget. Though he refrained from making too many big-ticket announcements he ensured that health and agriculture get good shares of the budgetary allocation.
In the backdrop of a revenue deficit of ₹46,177.59 crore for the 2020-21 fiscal, Mr. Pawar expected the revenue deficit to come down to ₹10,225.66 crore in the next financial year.
Maharashtra Budget 2021: 1% concession in stamp duty over prevailing rate for women
Maharashtra Budget 2021: 1% concession in stamp duty over prevailing rate for women
Mumbai: Maharashtra Deputy Chief Minister Ajit Pawar, who is also the minister for finance and planning, on Monday presented the annual budget for 2021-22 with an estimated revenue deficit Rs 10,226 crore and fiscal deficit of Rs 66,641 crore. Pawar however, hopes to mop up Rs 1,800 crore through his tax proposals.
The budget day, coinciding with International Womenâs Day, featured a slew of welfare and empowerment schemes for women. Pawar proposed Rs 7,500 crore for strengthening healthcare, free state transport bus rides for college girls in rural areas, mega charging centres on the Mumbai-Pune Expressway and the Mumbai-Nagpur Samruddhi Marg and focus on Mumbaiâs infrastructure development.