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Bihar Cabinet hikes Legislator's fund from Rs 2 cr to Rs 3 cr

Press Trust of India  |  Patna 

The cabinet today approved a proposal to increase Legislators developmental fund to Rs 3 crore annually from existing Rs 2 crore.

The approval was given at a cabinet meeting chaired by here.

On the last day of monsoon session of the state legislature on July 26, the CM had announced the hike in the quantum of funds from existing Rs 2 crore to Rs 3 crore per annum for legislators who can recommend for development work in his/her area.

Giving its nod to a proposal of the Planning and Development department, the cabinet sanctioned Rs 318 crore for the purpose to be spent in the current financial year of 2018-19, Arun Kumar Singh told reporters here during a post cabinet briefing.

The decision was taken in view of the increase in the cost of construction material and other items, he said.

The cabinet also gave its nod to the amendments in various sections and sub-sections of Motor Vehicles Taxation Act, 1994 read with Finance Act 2011, 2013, 2014 and 2015, Singh said.

He said with this, the tax in the form of registration fee would be imposed on "ex-showroom price" of the vehicles- two-wheeler and four-wheeler.

Now the department will charge 8 per cent of the ex-showroom price of vehicles worth upto Rs 1 lakh while vehicles in the range of Rs 1 to 8 lakh will be charged at 9 per cent, Singh said.

Similarly, 10 per cent will be levied on vehicles in the range of Rs 8 to Rs 15 lakh while vehicles above Rs 15 lakh will attract 12 per cent of registration fee.

It also hiked the uniform allowance of chowkidars from Rs 3000 to Rs 5,000 per annum, the said.

The cabinet also approved Rs 94.05 crore for the implementation of "Kisan Salahkar Yojana" for current fiscal of 2018-19, he said.

It also gave its nod to Law department's proposal to nominate Justice Dr Ravi Ranjan, the of High Court, as the of Bihar State Legal Service Authority, The post had fallen vacant after Justice Ajay Kumar Tripathi, the executive president, was appointed as the of high court.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, August 07 2018. 20:45 IST