No new schemes in Bihars biggestever budget

Patna | Wednesday | 13th February, 2019

Summary:

Incidentally, neither new schemes were announced nor any new taxes imposed in the budget.“The state has had revenue surplus budget since 2007-08. He also said the 2019-20 Budget is almost nine times that of Rs23,885 crore for 2004-05. For 2019-20, the state’s total receipts has been estimated to be Rs2.01 lakh crore. It includes Rs1.38 lakh crore from the Centre, which includes the state’s share in central taxes worth Rs89,121 crore and grants-in-aid to the tune of Rs49,019 crore on account of various centrally supported schemes. The state’s own tax revenue stands at Rs38,606.47 crore and the non-tax revenue at Rs4,806.47 crore..