1133 Cr outlay for MMP on commercial taxes

Centre to fund 800 Cr for computerization of commercial taxes

samirsachdeva

Samir Sachdeva | February 26, 2010



Centre has approved a mission mode project (MMP) for computerization of commercial taxes in states with an outlay of Rs.1133 crore of which the centre's share is Rs.800 crore. This was stated by union finance minister Pranab  Mukherjee in his budget speech, today.

The project will lay the foundation for the launch of GST across the country. The MMP will facilitate the indirect tax administrations at the centre and the states through revamp of internal work processes based on the use of information technology.  

“The computerization will facilitate the roll-out of GST by April 2011”, the finance minister said in his budget speech.

Minister also said that another project aimed at greater transparency in tax administration called ACES - automation of central excise & service tax, has already been rolled out throughout the country this year.

 

Comments

 

Other News

NCP’s Ajit Pawar is LoP in Maharashtra assembly

After the Bharatiya Janta Party orchestrated rebellion in the Shiv Sena partly led by Eknath Shinde who took away with him a majority of MLAs, the Eknath Shinde-BJP government proved majority in the state assembly floor test, crossing  the midway mark (144) getting 164 votes in their favour. The Natio

Why sanitation should matter to you

How many times a day do you flush the toilet? This number is probably between five and eight times for an average person. How many times a day do you spare a thought towards what happens to the human waste after you flush it away? The answer to this is likely to be close to zero for most people.

Who is Eknath Shinde, the auto driver who became CM?

Hailing from Satara district of Maharashtra, Eknath Sambhaji Shinde had to leave his education midway to financially support his family. He worked as an auto rickshaw driver, a lorry driver and also said to have worked in a brewery before he came in contact with Anand Dighe, Shiv Sena’s Thane unit pr

Metro 3 car shed to stay at Aarey, say new CM Shinde

Former Maharashtra chief minister Davendra Fadnavis stunned all at a press conference Thursday and named Eknath Shinde, the rebel MLA from Shiv Sena, as the next chief minister. Though Fadnavis said he would stay out of the government, a few hours later the BJP leadership announced he would be the deputy c

Uddhav Thackeray resigns as chief minister of Maharashtra

Minutes after the Supreme Court ordered a floor test on Wednesday night, Uddhav Thackeray in a televised address resigned as the chief minister of Maharashtra and also as a member of legislative council (MLC). He later drove down to Raj Bhavan and tendered his resignation to the governor Bhagat Singh Koshi

Gig workforce expected to expand to 2.35 crore by 2029-30

The gig economy has arrived in India, as the Covid-19 pandemic has propelled a flexibility of employment. As many as 77 lakh workers were engaged in the gig economy, constituting 2.6% of the non-agricultural workforce or 1.5% of the total workforce in India. The gig workforce is expected to expand to 2.35

Visionary Talk: Sanjay Pandey, Mumbai Police Commissioner with Kailashnath Adhikari, MD, Governance Now


Archives

Current Issue

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter