Mumbai: The highlights of Maharashtra’s budget for 2011-12 presented by Deputy Chief Minister and Finance Minister Ajit Pawar on March 23:
Taxes and duties:
* Liquor to cost more, as per different slabs.
* Tax on soft drinks enhanced from 12.5 percent to 20 percent.
* Goggles to cost more, to be taxed at 12.5 percent.
* Uniform stamp duty rate of 0.005 percent on all share market transactions.
* Duty on tenancy right transfer to be at market prices.
* Tax on vada pav reduced to 5 percent from 20 percent.
* Dhoop and agarbati to be totally exempted from tax.
* Tax rate on dry fruits to be 5 percent.
* Tax exemption to rice, wheat and pulses to continue.
* Domestic cooking gas will continue to be tax free.
* Amnesty scheme for rehabilitation of sick sugar factories.
* Tax exemption to bio-gas units.