Tamil Nadu 2010 Budget: No New Taxes

Chennai, 19th March, 2010: Presenting the State Budget, Finance Minister K. Anbazhagan announced a Rs. 3,396.45 Cr. Deficit today. He also refrained from imposing fresh taxes.

In a huge reprieve for the common man after the Union Budget, the DMK government announced a reduction in taxes on a variety of articles used by the common man. This is the fourth budget presented by the DMK government in the state.

Some of the development and welfare measures initiated by the state are enumerated below:

• An Industrial park would be set by the State Industries Promotion Corporation in Villupuram district.
• Rs. 22 crore to expand Tamil Nadu State Wide Area Network which connects headquarters of various departments of government in district, divisional and block level through internet.
• Enhancing assistance under ‘Moovalar Ramamirtham Ammaiyar Memorial Assistance’ scheme for the welfare of women from Rs. 20,000 to Rs. 25,000.
• Iodised salt to be given free to pregnant women through fair price shops.
• Upper income limit for differently abled people, prescribed for availing assistance under various government welfare schemes will be completely removed.
• Allocation for scheduled castes sub-plan has been increased from Rs 567. crore to Rs. 3,828 crore .
• The Vote on Account for 2010-2011 and Final Supplementary Estimates for 2009-2010 will be presented on March 26.

On the 26th, the Vote on Account for 2010-2011 and Final Supplementary Estimates for 2009-2010 will be presented.

 

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