In addition to the notice, rate counsel has reviewed the following materials that were Page 1of 776 uttar pradesh electricity regulatory commission lucknow 2043 / 2023, 2042 / 2023, 2040 / 2023, 2041 / 2023, and 2048 / 2023. The following table shows the original budget (approved by the board in june 2024), the allocation of the $79,299.661 in additional carryforward from fy24, the proposed budget revisions, and the resulting proposed revised fy25 budget: Msedcl has filed a petition for determination of aggregate revenue requirement (arr) and tariffs for the 4th myt control period (fy21 to fy25) For this reason, it is worth discussing two potential alternative consumption tax schemes, including a partial replacement of the income tax with a consumption tax, and an additional consumption tax on top of the current income tax.
What is a national consumption tax
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