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

Gandhian movement after Gandhi failed: Ram Guha

The Gandhian movement in India, after Gandhi’s death, failed, says Ramachandra Guha, and blames Vinoba Bhave for it. But the movement found new, fertile grounds around the world and succeeded in bringing about a change in South Africa, the US and elsewhere. It is high time it returned home. Of cour

When religion, politics and Bollywood come together

Tavleen Singh, noted journalist and political commentator, has turned to fiction, with her debut novel ‘The Actor’ (HaperCollins India). Set in the near future, it has a superstar, Amit Singh, turning to politics, when the political landscape is dominated by prime minister Guru Gaynendraj

Cabinet approves setting up of Integrated Transport & Logistics Authority

The union cabinet, chaired by prime minister Narendra Modi, on Tuesday approved the setting up of a Special Purpose Vehicle (SPV), called Integrated Transport & Logistics Authority (ITLA), to strengthen research, planning, appraisal, monitoring and impact assessment within the broad domains of Transp

Why foundational literacy and numeracy is key to school education

Foundational Literacy and Numeracy (FLN) are often described as the building blocks of education. Yet, their significance goes well beyond a child’s ability to read a sentence, write a response or solve a basic mathematical problem. These foundational skills shape how children understand the world,

When police data becomes the algorithm

For decades, policing has followed a familiar sequence: a crime occurs, the police respond, an investigation produces records and those records become part of the institutional memory of the criminal justice system. Artificial intelligence is beginning to alter that sequence. Instead of merely recording

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter