Maharashtra goes for single licence concept for industries

Number of permissions for starting new business in the state reduced

GN Bureau | September 8, 2015


#Maharashtra   #industry   #licence   #midc   #petrol   #diesel   #tax  

The Maharashtra cabinet on Monday decided to relax rules for promoting investment in the state. It gave investors virtually one ticket for industrial licence. Accordingly, those who have availed permission from the MIDC (Maharashtra Industrial Development Corporation) would not be required to avail any permission from municipal corporations or municipal councils or local bodies.

The cabinet gave its nod for making amendments in the BPMC Act 1988 section 390 (1) and Section 393 (18) as well as subsequent sections in the municipal council and other local bodies so that there would not be any requirement for availing permission from local bodies once MIDC has given permissions.

The state government has reduced the number of permissions for starting any new business in the state under the initiative of ease of doing business. It has brought down the number of permissions from 75 to 35 and has set a target of bringing it down to 25.

Meanwhile, the Maharashtra government has decided to abolish the Local Body Tax (LBT) within 15 days on petrol and diesel to end the disparity between fuel dealers and other traders.

Maharashtra finance minister Sudhir Mungantiwar said that the decision came after discussions were held between the state government and petrol/diesel pump owners over its imposition.

He, however, said that the government will impose an alternate tax in place of LBT. The Minister claimed that the fuel dealers are ready to accept the imposition of an alternate tax in lieu of LBT.

All they want is parity between all pump owners. He said that abolishing LBT will cost the government exchequer Rs 280 crore.

Comments

 

Other News

Is the government spending enough on dalits?

The Narendra Modi government has set aside Rs 52,393 crore in 2017-18 for the welfare of the dalits. On the face of it, the amount is substantial. However, an analysis of the past actual allocation shows that there has in fact been a dip in spending on schemes that are specifically meant only for dalits.

President’s post above politics: Kovind

“I will always try and it is also my belief that the president’s post should be above politics,” said NDA’s presidential candidate Ram Nath Kovind who filed the nomination papers on Friday.   “Since the time I became governor,  I am no longe

Unaffordable sacredness of our cattle

A lot of debate that we witness in the media on the cattle question these days suffer from the disease of speculative utopian imagination of a ‘cow-nation’ and relentless abuses for those beef-eating ‘others’.   Political debates over the question of o

“Gandhi and Tagore are the two Indian authors who redefine civilisation as a moral compass and a space of dialogue”

Ramin Jahanbegloo is a renowned philosopher who is now associated with the Jindal Global University. His latest work, The Decline of Civilization, calls for countering the ‘decivilising’ tendencies of our times by returning to Gandhi and Tagore. Jahanbegloo answered s

Should CBSE prepone the board exams?

Should CBSE prepone the board exams?

Cricket, not just a sport

In this nationalistic age, sports seem to play an important role, and in India, this can be seen during cricket matches. For most, a victory symbolises prestige and supremacy.   On Sunday, India lost to Pakistan in the final match of the ICC Champions Trophy. The defea



Video

अब पासपोर्ट हिंदी और अंग्रेजी दोनों भाषा में होगा

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter