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20th February, 2009

MUMBAI CONTRIBUTED RS.493,000 CRORES IN TAXES TO GOVT. OF INDIA & BUT RECD. A PALTRY 551 CRORES AS GRANTS

 

-Dr.Kirit Somaiya

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Mumbai continues to be neglected by the Centre. All announcements of special packages for “development of Mumbai” have proved to be hollow and empty alleged Dr Kirit Somaiya, at a Press Conference in Mumbai.

He stated that Mumbai, the Financial and Economic Capital of India, has contributed Rs.4,93,000 crores during the period 2004-2009 to the Central Govt. kitty through Income Tax, Service Tax, etc. but has received only Rs.551 crores grants for various projects aimed at development  of Mumbai in the last 5 years of  Congress rule.  Mumbai BJP leader, Dr. Kirit Somaiya has strongly condemned the step-motherly treatment towards Mumbai. 

Shri Somaiya added that the much touted Mithi River Project has received “zero paise”,  Metro Railway has received Rs.2.34 crores from Govt. of India.  MMRDA, the Nodal Agency of Maharashtra Govt., has intimated Dr. Somaiya that from 1.4.2004 to 20.1.2009, it has received in all Rs.551 crores. 

                                                                                             (Rs. In crores)

Name of Projects

2004-05

2005-06

2006-07

2007-08

2008-09

Upto 21.8.09

Total

Metro Railway/MRTS

 

   0.46

 

    1.17

 

   0.71

 

  0.00

 

  0.00

 

2.34

MUTP

138.79

199.78

67.59

66.92

33.24

506.32

MUIP (MDC-ASIDE)

 

 8.42

 

11.05

 

  23.45

 

 0.00

 

 0.00

 

42.92

Mithi River

   0.00

   0.00

   0.00

  0.00

 0.00

0.00

Total

147.67

212.00

91.75

66.92

33.24

551.58

 

As per the letter from the Chief Income Tax Commissioner to Dr. Somaiya,  Mumbai has contributed Rs.3,73,217 crores of Direct Taxes, i.e. Income Tax, Corporate Tax during 1.4.2004 to 30.1.2009.

                                                                        (Rupees in crores)

Financial Year

Corporate Tax

Income Tax

Other Taxes

   Total

 2004-05

 30,413

 11,565

      675

42,563

 2005-06

 33,644

 14,106

   4,412

52,162

 2006-07

 49,550

 19,813

   6,750

76,113

 2007-08

 74,642

28,242

 11,376

  1,14,260

2008-09 (Upto 30.1.09)

57,817

23,043

   7,259

88,119

Total

     2,46,066

96,769

30,472

3,73,217

 

     Mumbaikar has also contributed around Rs.1,20,000 crores in the form of Central  

     Excise, Customs and Service Tax during the Congress regime of 5 years.

 

                                                                                         (Rupees in crores)

Financial Year

Central Excise

Customs

Service Tax

   Total

2004-05

10,543.95

21.71

4,125.35

14,691.01

 2005-06

  9,645.27

27.54

 7,265.35

16,938.16

 2006-07

15,371.68

22.90

12,621.38

28,015.96

 2007-08

16,192.55

27.09

17,591.39

33,811.03

2008-09 (Upto 30.1.09)

 

     10,138.63

 

17.78

 

13,832.34

 

23,988.75

 Total

     61,892.08

 117.02

 55,435.81

117,444.91

It may be noted that the Congress Chief Ministers, Members of Parliament and Union Ministers have made several announcements about a special package and grant to Mumbai.  The Prime Minister himself had announced a special package of Rs.1,000 crores for Mumbai.  All these have proved to be empty announcements and in reality, as of now,  not a single paisa  is received till now.

Press Secretary

 
 

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