July 08, 2011: In its first budget since coming to power, the Congress-led UDF government has decided to have daily draws for state lotteries instead of weekly draws, expected to yield Rs 263 crore to the state exchequer.Presenting the revised budget for 2011-12, State finance Minister, KM Mani informed that it would be additional source of revenue for the state.
The budget slapped a cess of 2 per cent on tax of luxury cars and a 2 per cent cess would be collected from building tax on constructions that exceeded 4,000 sq ft.
In a relief to all sections, the registration fee on partition deeds of family properties had been fixed at the rate of Rs 1,000, doing away with the value-based fee system.
A comprehensive health insurance scheme for BPL sections with government bearing the premium amount allowing the beneficiaries to take treatment both in government and private hospitals was also announced.
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