Maharashtra budget 2021 highlights: Increase in liquor excise duty; concession on stamp duty for women

On International Women’s Day, the Maharashtra government presented its budget for 2021-22. The budget offered a per cent concession in stamp duty if a property is transferred only in a woman’s or women’s name, and proposed to increase state excise duty on liquor — 220 per cent of manufacturing cost or Rs 187 per litre, whichever is higher. This is expected to fetch an additional Rs 800 crore.

The budget was presented by Maharashtra deputy chief minister and finance minister Ajit Pawar. He also said that farmers in the state will be allowed to repay their farm loans with 0 per cent interest and the amount will be borne by the government.