Maharashtra Budget Session 2025: State Finance Minister Ajit Pawar presented the state budget today (Maharashtra Budget Session 2025). In his budget speech, he made big announcements for various sectors. He also said that some new schemes will be launched. Let's get detailed information about what has become cheaper and what has become expensive according to the announcements made in this year's budget..
Tax and prices of four-wheelers will also increase
Ajit Pawar said, it is proposed to levy motor vehicle tax at the rate of 6 percent on vehicles whose price is more than 30 lakhs. It has also been decided to increase the maximum limit of this tax from 20 lakhs to 30 lakhs. This decision to increase the vehicle tax limit is expected to generate additional income in the state government's treasury. This is likely to generate additional revenue of about 170 crore rupees.
7 percent increase in tax on light vehicles
It is proposed to levy 7 percent motor vehicle tax on light vehicles carrying goods up to 7,500 kg. Ajit Pawar said that the state government can get a revenue of Rs 625 crore through this increased tax.
Proposal to increase stamp duty
As per Section 4 of the Maharashtra Stamp Duty Act, if more than one document is used for a single transaction, a stamp duty of Rs 500 will be charged on book documents instead of Rs 100. Regarding the stamp duty paid for a document, it has been decided to charge a fee of Rs 1,000 instead of the current fee of Rs 100.
What are the big announcements in the budget?
Umed Mall will be started in every district for women's self-help groups. Malls will be constructed in ten districts in the first phase
Chief Minister provides Rs 36,000 crore for Majhi Ladki Bahin Yojana
24 lakh more women will be made Lakhpati Didi in the current year.
A policy will be formulated for the use of artificial intelligence and cutting-edge technology in the agricultural sector. A fund of Rs 500 crore will be made available for this in the next two years.
The second phase of the Nanaji Deshmukh Krishi Sanjeevani Project will be implemented in 7,210 villages in 21 districts
A provision of Rs 351 crore 42 lakh has been made for this project in the year 2025-26.
The day of appreciation of the classical Marathi language will be celebrated on October 3
What is in the budget for the common man
The state government will increase the subsidy of this scheme by Rs 50 thousand for the Pradhan Mantri Awas Yojana Rural Phase 2.
Solar power sets will be installed on the roofs of all these houses.
A fund of Rs 8 thousand 100 crore will be made available for Pradhan Mantri Awas Yojana, Urban-1.
Additional subsidy will be given for innovative construction, use of technology, green buildings and use of solar systems.
The citizens have received a big boost in the Maharashtra budget. Electricity rates in the state will be reduced in the next five years
Mahavitaran Company has submitted a proposal to the Maharashtra Electricity Regulatory Commission to fix electricity rates for the next 5 years.
2 metro lines will be built in Pune in the second phase.
The metro line from Nal Stop to Warje will be built.
There is a proposal of Rs 9897 crore for the two metro lines in the second phase.
The proposal for two metro lines in Pune has been sent to the Center for approval.
The provision of the Scheduled Caste Component Program has been increased by 42 percent.
In addition, the list of Tribal Component Programs has been increased by 40 percent.
22 welfare schemes have been launched for the Dhangar and Gowari communities.
Industrial Policy 2025 will be announced soon.
Accordingly, the focus will be on investment of Rs 20 lakh crore and creation of 50 lakh jobs.
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