Regd. No. MCS/035/2015-17 RNI Regn. No. 43675/1985 MUMBAI THURSDAY, FEBRUARY 5, 2015 32 PAGES `3 Website: www.afternoondc.in
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DESPERATE BMC TARGETS SLUMS TO GENERATE FUNDS
Gold: `27,875 Silver: `39,315 US Dollar: `61.75 Temperature: 350C/230C Humidity: 35%
Woman’s World Pg13-20
Azad Shrivastav | ADC
LIFE WITHOUT OCTROI IS A CHALLENGE, SAYS KUNTE
Civic chief Sitaram Kunte unveiling the budget with Standing Committee chairman Yashodhar Phanse.
By Khushboo Panjabi
announced by the civic chief as an assessment of the slum he Mumbai Municipal structures will be worked out Commissioner Sitaram to levy property tax on slums. Kunte presented the civic Civic chief Sitaram Kunte budget for the year 2015-16 said, “Life without octroi is a before the BMC's standing challenge.” committee yesterday. How“The deliberations on the ever, no new announcement new taxes are a result of the have been made in the Central government’s push budget. The budget is pegged for the levy of goods and servat Rs 33,514 crore, which is ices tax (GST) by 2016, which 27% higher than last year. is expected to boost the Also proposed is a borrowing country’s economy. As the of Rs 2000 crore from the In- Bill will be passed, the civic ternal loan to meet the ex- body will lose its right to levy penditure. octroi on goods that enter its The budget has disap- limits, as all indirect taxes pointed a lot of Mumbaikars levied on traders will be cenas the decision to levy new tralised and unified under the taxes on the citizens has been GST regime.”
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He further said,“The increase in population of the city results in an increase in water demand which is a challenge to meet the gap between the demand and supply of water which requires huge funds to meet the capital expenditure of ongoing projects already completed.” “Therefore it is necessary to revise the tariff for the services for supply of water to domestic and non-domestic consumers. It has been proposed to levy 35 paise per kilo litre on existing rate charged to slum dwellers for taking over the existing suction tank Continued on pg 12 «
‘Best College’ under MU scanner Varsity sets up committee to investigate into Sathaye College which was awarded as the ‘Best College’ of the MU Full Story on Pg 2