Bicycles, kerosene stoves to be cheaper, sweets costlier
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Last Updated: Tuesday, March 22, 2011, 19:25
  
New Delhi: Bicycles, kerosene stoves, lanterns, petromax lamps and sanitary napkins will become cheaper while bidis, furnishings and suitings and sweetmeats will become costlier under new tax proposals in Delhi government's budget.

Bicycles with an MRP upto Rs 3,500 are proposed to be exempted from VAT. Similarly, kerosene stoves, lanterns, petromax lamps have also been proposed to be exempted from VAT.

A VAT of 12.5 per cent would be imposed on unmanufactured tobacco, making bidis and hookah smoking more expensive.

'Khandsari' sugar and textiles have also been exempted from VAT.

The VAT on sweetmeats and 'namkeen' has been increased to 12.5 per cent from existing five per cent.

Sanitary napkins costing upto Rs 20 have also been exempted from VAT.

Industrial textiles such as canvas belts, filter clothes and furnishing and suitings are proposed to be taxed at five per cent, Delhi Chief Minister Sheila Dikshit said presenting the annual budget today.

PTI


First Published: Tuesday, March 22, 2011, 19:25


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