Sheila may avoid fresh taxes on 'aam aadmi' in budget

Image
Press Trust of India New Delhi
Last Updated : Mar 19 2013 | 10:25 PM IST
With an eye on assembly polls later this year, Delhi Chief Minister Sheila Dikshit is unlikely to levy taxes that may hit the common man when she presents the annual budget of her government for the third consecutive year tomorrow.
Under attack for stiff hike in power tariff, Dikshit is likely to announce some relief for the consumers in the form of raising the cap for extending subsidy.
The government has been providing subsidy of Rs one per unit for domestic customers whose monthly consumption of electricity does not exceed 200 units. Sources said the limit may be extended upto 300 units.
Sources said Dikshit will continue focus on social sector and infrastructure development and is expected to announce a slew of populist measures.
With Congress identifying losing support base of people living in around 1,600 unauthorised colonies as a major reason for defeat in the municipal polls last year, the government is expected to set aside substantial funds for infrastructure development in these settlements.
"Development of unauthorised colonies is going to get priority in the budget," said a Minister. Nearly 50 lakh people are currently residing in 1,639 unauthorised colonies.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Mar 19 2013 | 10:25 PM IST

Next Story