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HARYANA BUDGET 2015-16

The State Budget of Haryana was presented by Haryana’s Finance Minister Abhimanyu on 17th March,2015. The budget was presented with a plan outlay of Rs.25,743 Crores for the financial year 2015-16. Finance Minister Abhimanyu mentioned that the state government is focused in bringing efficiency in collection of existing taxes.

The Budget Estimates for 2015-16 does not contain any proposal either for imposition of new taxes or for any upward revision of the existing tax rates.

To promote environment and soil health, VAT on bio-fertilizer is eliminated

VAT rates on LED Lights, pipe fittings and pre-fabricated steel structures is reduced to 5%, so as to encourage its use.

S. NO

PARTICULARS

PRE-BUDGET

POST BUDGET

1

Bio-Fertilizer

5%

Exempted

2

LED Lights

12.5%

5%

3

Pipe Fittings

12.5%

5%

4

Prefabricated Steel Structures

12.5%

5%

Budget 2015-16 - Finance Minister's Speech.

Click to view the Notification No.1/ST-1/H. A. 6/2003/S.59/2015 - Dated 12th February, 2015 .

 

   
             
 







   
 

 

 

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