India, Oct. 1 -- The state government has almost doubled the additional tax on the sale of electricity to commercial and industrial users (additional Tose), to meet its target to provide solar pumps to farmers across Maharashtra.
The decision, taken on Tuesday, comes as the state reels under a shortage of funds, thanks to welfare schemes that are draining the treasury. As a result, the Mahayuti government needs to raise additional revenue to help it meet its targets under the PM Kusum scheme, which provides solar pumps to farmers.
By increasing the tax on power to commercial and industrial users, by 9.90 paise per unit, the state will raise Rs.834 crore per year. The government currently taxes these consumers at the rate of 11.04 paise ...
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