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Delhi Budget 2010-11 Highlights | Delhi Budget 2010 latest Updates | Delhi Budget 2010 Video | Delhi Budget 2010

The Delhi Finance Minister, A.K.Walia provides the ending touch to the Delhi Budget 2010. He told that the Delhi Jal Board (DJB) and the Delhi Transport Corporation (DTC) are struggling with its financial health, the budget could also see an announcement of increase in water and transport tariff.

To strengthen its coffers, the government will also have the option of withdrawing the Rs 40 subsidy per cylinder being given to domestic consumers but officials said the possibility is very remote.

In the Delhi Budget 2010, allocations for the different departments are expected to drop but The Delhi Government is looking for increasing its revenue collections by raising registration fees of the new emerging cars by the introduction of new slabs, by increasing the price of luxury tax on some products and by enhancing the VAT charges. In the Delhi Budget 2010, it is also expected by the state government that it can withdraw the cylinder subsidy on LPG upto Rs.40 that is costing the exchequer of Rs.168 crore. The Delhi Government may also remove some subsidy to Delhi Transport Corporation (DTC) & Delhi Jal Board (DJB). By both these agencies near about Rs.1500 crore will come to Delhi Government.

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Source : http://www.dailylatestnews.com/

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