Sunday, April 2, 2023

It's gonna be tight for Keralites!

New cess on fuel and liquor and rise in taxes are set to squeeze your household budget further from 01 Apr. A look at what gets dearer, what costs less.

* Rs.2/litre for petrol and diesel
* Rs.20/bottle for IMFL bottles priced between Rs.500/- and Rs.999/-
* Rs.40/bottle for IMFL bottles above Rs.1,000/-

* Rise in building tax     Late fee up from 1% to 2%.

* Rise in one-time tax on vehicles  
   - Up to Rs.5 lakhs                       1%
   - Rs.5 lakhs  to Rs.15 lakhs        2%
   - Rs.15 lakhs to Rs.20 lakhs       1%
   - Rs.20 lakhs to Rs.30 lakhs       1%
   - Above Rs.30 lakhs                   1%
   - Mobikes up to Rs.2 lakhs         2%

Property registration  
 
   - 20% rise in property registration charge 
   - stamp duty for transfer of flats/apartments within six months of registration up from 5% to 7%
   - 1% rise in court fees

Down

* e-vehicles tax now 5%
* Quarterly tax on vehicles owned by private schools for disabled down to Rs.1,000/-
* Building tax exempted for BPL families residing in houses with area less than 30 sq mts.

Withdrawn

2% stamp duty on resale of land within three months of purchase.


Tailpiece.

Got up at 6, the chores and was ready by a half past 9. 

Shut down The Quarterdeck progressively.

Wished Maman many happy returns, a trifle late though. 

Pushpaakaran, had plucked the coconuts and trimmed the tree.

Left for the airport a trifle early.

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