Presenting his fourth budget, Madhya Pradesh Finance Minister Jayant Mallaiya also announced an entry fee of 6 percent on goods in view of revenue 'loss' due to the e commerce trade.

The budget estimates a revenue surplus of Rs 3,509.81 crore for financial year 2016-17. "The total expenditure is estimated to be Rs 1,58,713.04 crore for 2016-17 while appropriation is estimated to be Rs 1,70,753.99 crores," Mallaiya said.

Mallaiya said the state which has received four Krishi Karman Awards in a row and the one is working tirelessly to make agriculture a profitable venture has earlier made tax free 38 agriculture equipment. And continuing with this practice, it has proposed to make machines used for making bio-fertilisers and for milk processing as tax free.

The state has also proposed to abolish five percent tax on bags and envelopes made from bio-degradable material.

The government has proposed to reduce VAT on cars purchased from canteen stores by soldiers from 15 percent to 4 percent.

The government also proposed to extend the facility of relaxation in tax to goods sold from Border Security Force (BSF) and other Central Forces canteens on line Canteen Stores Department of Army, he said.

The minister said the government has also proposed to reduce VAT from 14 percent to five percent on number of items including soya milk, dialysis machine and its consumables, bio-fuel based and smoke free stoves and induction cook top parts and accessories.

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