Assam govt tables Rs 2.9 lakh crore finances, proposes no new tax

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The Assam authorities on Monday introduced a Rs 2.9 lakh crore finances for the 2024-2025 monetary 12 months with a deficit of Rs 774.47 crore and proposed no new tax.

Presenting the annual monetary assertion for the subsequent fiscal, Assam Finance Minister Ajanta Neog additionally mentioned the federal government will help the schooling of 10 lakh ladies as much as publish commencement stage with a purpose to remove youngster marriage from society.

“The Price range Estimates of 2024-25 present a receipt of Rs 1,43,605.56 crore beneath the Consolidated Fund of the state. After including the receipt of Rs 1,44,550.08 crore beneath Public Account and Rs 2,000 crore beneath Contingency Fund, the combination Receipts quantity to Rs 2,90,155.65 crore,” she added.

As in opposition to this, the full expenditure from the Consolidated Fund in 2024-25 is estimated atRs 1,43,890.62 crore, Neog mentioned.

She additional mentioned that considering, the expenditure of Rs 1,42,670.09 crore beneath the Public Account and Rs 2,000 crore beneath the Contingency Fund, the combination expenditure for the 12 months is estimated at Rs 2,88,560.71 crore.

Speaking concerning the dimension of the state financial system, Neog mentioned the GSDP is estimated to the touch Rs 6.43 lakh crore in the course of the subsequent monetary 12 months as in opposition to Rs 5.7 lakh crore in 2023-24.

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