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Withdrawn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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