The Government in its endeavour to promote cashless economy in the State post-demonetisation, has waived VAT on lower end mobile phones and e-pos machines. The Cabinet on Tuesday in a meeting took a decision about this.
Informing about it and other decisions, Cabinet Secretary SS Meena said that this would promote the buyers and sellers. “The Cabinet has decided to remove the VAT levied on mobile phones priced below `5000 and e-pos machines or credit-debit card swipe machines. The decision would bring down the prices of the equipments,” he said. At present, the items attract 5.5 per cent and 14.5 per cent VAT, respectively.
This apart, the Cabinet sanctioned `73 crore for the promotion of organic farming and related activities for sustainable agriculture in the State. This has been done under the Integrated Horticulture Development Scheme for the period of three years. The Secretary pointed out that the fund would be utilised for certification of organic produces, vermi compost, setting up institutions for organic farming, generating green manure and conducting activities such as seminars etc on this subject.
The Cabinet also okayed `37.75 crore for setting up 220 kva link line between the transmission line between Daltonganj and Garhwa and also PGCIl transmission line between the two districts. This apart, `95 crore for augmentation of transmission network has also been issued to the Energy Department.