Navi Mumbai: The new international airport project has mapped out a growth path for the city and the neighbouring district of Raigad. The two-leg development of the around Rs 15,000-crore project will ensure more construction activities and development of infrastructure. More people are expected to shift into areas close to the airport, thereby increasing the demand for new houses. This apart, the airport project is expected to provide a fillip to the hospitality industry. Hotels, targeting primarily overseas tourists and airline crew, are likely to come up in the vicinity.
"All these development activities will ensure more tax revenue," said joint sales tax commissioner (Raigad division), Sunil Sangle.
The Raigad division of sales tax department has been overachieving its target. Its performance has been consistent except for the 2012-13 fiscal, when the shortfall was a minimal Rs 18 crore.
31/01/15 Sanjay Banerjee/Times of India
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"All these development activities will ensure more tax revenue," said joint sales tax commissioner (Raigad division), Sunil Sangle.
The Raigad division of sales tax department has been overachieving its target. Its performance has been consistent except for the 2012-13 fiscal, when the shortfall was a minimal Rs 18 crore.
31/01/15 Sanjay Banerjee/Times of India
