New Delhi: The Delhi government on Monday tabled a proposal in Vidhan Sabha to increase the upper limit on Value Added Tax (VAT) from 20% to 30%.
As per the proposal, Value Added Tax, which is flat 20% as of now, can vary from 12.5 to 30% on all goods, including liquor, CNG, petrol and diesel.
Meanwhile, Delhi Deputy Chief Minister Manish Sisodia has said that the government is not planning a increase in VAT and that the proposal has been brought in only for the sake of flexibility.
The Aam Aadmi Party government had on June 25 presented a Rs 41,129 crore budget. Calling it the country's first "Swaraj" Budget, Sisodia had said the government was planning to bring down VAT rates for certain items.
In the budget, government had allocated Rs 9,836 crore for the education sector out of which Rs 4,570 crore was given under the plan outlay. It was an increase of around 106% over the last budget.
Rs 50 crore was allotted towards putting up the wifi infrastructure in the city, a major poll promise of AAP. Rs 4,787 crore was allotted to the health sector, whose planned outlay has been pegged at Rs 3,138 crore, 45% more than last time. "Ten thousand new beds would come up in hospitals," he had said.
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