Maharashtra government in an attempt to reduce the skyrocketing fuel prices the state, might increase the excise duty on Indian-made foreign liquor (IMFL). According to an official, the move would lead to the creation of a fiscal space for reducing taxes on petrol and diesel. However, there has been no increase in the excise duty on IMFL since 2013.
PTI quoted a senior official by saying, The idea is to increase the excise duty on IMFL, especially on the largely consumed mid-segment liquors, so that government would earn more revenue. Then we can reduce taxes on petrol and diesel and counter the criticism of soaring fuel prices.
Virat Kohli complains of losing his unboxed phone in Nagpur
Former Indian skipper Virat Kohli took to twitter to inform netizens that he had lost his brand new unboxed phone in Nagpur on Tuesday.
Kohli, who is in the city for first test match against Australia on Thursday, said, “Nothing beats the sad feeling of losing your new phone without even unboxing it Has anyone seen it?”
Nothing beats the sad feeling of losing your new phone without even unboxing it ☹️ Has anyone seen it?
— Virat Kohli (@imVkohli) February 7, 2023
Food delivery app Zomato was quick to respond by asking the ace cricketer to ‘feel free to order an ice cream from his wife and actor Anushka Sharma’s phone.’
The tweet read, “feel free to order ice cream from bhabhi’s phone if that will help.” However, many users anticipated Kohli’s tweet to be an advertisement for a brand.
feel free to order ice cream from bhabhi's phone if that will help 😇
— zomato (@zomato) February 7, 2023
Anil Deshmukh granted permission to travel outside Mumbai
Nationalist Congress Party (NCP) leader and former Home Minister of Maharashtra Anil Deshmukh on Monday was granted permission to travel outside Mumbai for four weeks by a special court on Monday. Deshmukh had sought permission to visit his constituency, which is also his hometown, Nagpur.
The application was filed by Deshmukh through his lawyer, Inderpal Singh, stating that he is a native of Nagpur with deep family roots in the city apart from being an elected representative of his constituency.
“The applicant craves a benevolent indulgence of this court to permit him to travel outside Greater Mumbai, including District Nagpur, for a limited duration of about four weeks so as to maintain continuity in his social and family ties and also visit his original and permanent home/constituency,” the plea stated.
The plea further added that “the applicant needs to have due legal consultation with his lawyers in New Delhi for further course of strategy in the present and connected cases.”
Interesting facts you didn’t know about Union Budget | Must Read
Finance Minister Nirmala Sitharaman presented her fifth straight Union Budget when she presented financial statements and tax proposals for fiscal year 2023-24.
Here are some lesser known facts about Union Budget…
The British government presented India’s first ever Union Budget on April 7, 1860.
The first budget of independent India was presented by country’s first Finance Minister RK Shanmukham Chetty on November 26, 1947.
Even though traditionally, the finance ministers present the budget, Jawaharlal Nehru, Indira Gandhi and Rajiv Gandhi are the only Prime Ministers to have presented the Union Budget instead of Finance Ministers.
Until 1955, the Union Budget was presented in English. However, the Congress government then decided to print the Budget papers in both Hindi and English.
In 2019, Sitharaman became the second woman to table the budget after Indira Gandhi who presented the budget for the year 1970-71.
Earlier, the government tabled the rail budget separately for 92 years but since 2017, the rail budget was merged with the Union Budget.
Until 1999, the government tabled the Union Budget at 5 pm on the last working day of February as per British era practice but
former Finance Minister Yashwant Sinha changed the timing to 11 am. Years after, late Finance Minister Arun Jaitely changed the budget presentation to February 1.
There’s a customary event called the ‘halwa ceremony’ that is held every year ahead of the Union Budget. It is considered as a gesture of appreciation for all people who have worked on the Union Budget.
To ensure the secrecy of the budget document, a lock-in process is followed – in which all the officials involved
in preparing the Budget come out of Parliament’s North Block only after the Finance Minister has presented the budget.
In 2021, Sitharaman became the first to table paperless Union Budget.
Former Prime Minister Moraraji Desai holds the record of presenting 10 budgets as finance minister, which is the maximum so far.
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