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Maharashtra to levy cess on construction activity above Rs10 lakh

Maharashtra to levy cess on construction activity above Rs10 lakh
PTI
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First Published: Tue, Jun 23 2009. 10 29 AM IST
Updated: Tue, Jun 23 2009. 10 29 AM IST
Mumbai: In line with a Central legislation, Maharashtra government will soon levy a cess on all public and private constructions in the state costing over Rs10 lakh, hoping to generate Rs2,000 crore annually for rolling out schemes for construction labourers.
“The cess is likely to be 1% of total cost of construction of various projects including buildings, real estate, bridges, factories, roads and flyovers,” state labour minister Nawab Malik said.
The welfare measures include insurance, healthcare and education with the aim of providing security and ensuring well-being of construction labourers.
The measures have already been implemented in Punjab, Haryana and Chhattisgarh and Maharashtra will follow suit while Kerala is in the process of implementing it, Malik said.
He said the projects to be implemented with this money would be decided by the board set up for the purpose.
“The Board will have representation from stakeholders,” Malik said adding, no construction activity would take off unless the levy was paid.
The government is also working on a scheme to help around eight lakh powerloom workers in the state, he said.
A high-powered committee had been set up for this purpose, he said adding that it has recommended creating a separate Board to initiate various welfare measures for them.
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First Published: Tue, Jun 23 2009. 10 29 AM IST
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