CM Ibobi presents state budget 201112 VAT rate, power consumption charge hike to manage fiscal deficit

Chief Minister, O Ibobi Singh who is also looking after the Finance Department today presented a ‘ 6886 crore state Budget estimate for 2011 12 in the state Assembly, which proposed a hike in VAT and Power receipts for recouping state fiscal deficit …

Chief Minister, O Ibobi Singh who is also looking after the Finance Department today presented a ‘ 6886 crore state Budget estimate for 2011 12 in the state Assembly, which proposed a hike in VAT and Power receipts for recouping state fiscal deficit Source Hueiyen News Service

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