CM reinvokes ‘Our tax, Our right’ campaign, calls upon Kannadigas to rise against Centre’s discrimination
1 day ago

CM reinvokes ‘Our tax, Our right’ campaign, calls upon Kannadigas to rise against Centre’s discrimination

The Hindu  

Launching a fresh tirade against the Centre for allocating a “meagre” share of funds to Karnataka in the recent round of devolution, Chief Minister Siddaramaiah again invoked the “Our Tax, Our Right” campaign and called upon all Kannadigas to rise against this discrimination by fighting for their rightful share. Though the Union Budget doubled from ₹24.42 lakh crore in 2018-19 to ₹48.2 lakh crore in 2024-25, Karnataka’s share has stagnated despite its significant contributions. Karnataka, with its high contributions, should receive at least ₹1 lakh crore annually.” Questioning the logic behind devolution of grants, he wondered: “Why should Karnataka, which contributes ₹4.5 lakh crore annually to the national exchequer, receive only ₹45,000 crore in tax share and ₹15,000 crore in grants — a mere 13 paise for every rupee we contribute?” Referring to a few States getting substantial amount of grants, he said States such as Uttar Pradesh, Bihar, Madhya Pradesh, and Rajasthan are “showered with funds.” The 15th Finance Commission reduced Karnataka’s tax share from 4.713% to 3.647%, costing the State ₹79,770 crore over five years, he recalled. On BJP leaders Training his guns on the Opposition BJP, the Chief Minister said: “I waited a couple of days hoping that the BJP’s Karnataka leaders would muster the courage to speak up for Kannadigas.

Karnataka States Share Bjp Crore Centre Kannadigas Kannadiga Tax Share  kannadigas  lakh  reinvokes  states  discrimination  karnataka  campaign  share  grants  centre  tax  rise  right  centres  round  cm  calls  crore  siddaramaiah

History of this topic

India’s net direct tax collection swells 16% to ₹16.90 trillion so far in FY25
Trending News
1 day, 1 hour ago

India’s net direct tax collection swells 16% to ₹16.90 trillion so far in FY25

Live Mint  

New Delhi: Strong growth in tax collection from both personal and corporate income helped the Central government to collect ₹16.9 trillion in direct tax revenue so far this financial year after adjusting for tax refunds, official data showed on Monday. The net direct tax collection growth of 15.9% so far this year exceeds the 12.8% growth rate that finance minister …

Odisha gets Rs 7,834.80 crore as tax devolution from Centre
3 days, 16 hours ago

Odisha gets Rs 7,834.80 crore as tax devolution from Centre

New Indian Express  

BHUBANESWAR: The Centre on Friday released tax devolution of Rs 7,834.80 crore to Odisha to expedite capital spending, support state finances and spur economic development. Odisha was among 28 states for which a total Rs 1,73,030 crore has been released as against the normal devolution of Rs 89,086 crore in December 2024. Odisha is expected to get around Rs 10,222 …

Centre release 1.73 lakh crore to States towards tax devolution
4 days, 7 hours ago

Centre release 1.73 lakh crore to States towards tax devolution

Live Mint  

New Delhi, January 10 : The Union Government has released tax devolution of ₹1,73,030 crore to State Governments today, as against the devolution of ₹89,086 crore in December 2024. Tax devolution refers to the distribution of tax revenues between the central government and the state governments. Finance Commission recommends the division of net proceeds of taxes between the union and …

Karnataka govt approves 15% hike in bus fares as state finance collapses due to freebies
1 week, 4 days ago

Karnataka govt approves 15% hike in bus fares as state finance collapses due to freebies

Op India  

The Indian National Congress stormed to power in Karnataka after the state legislative assembly elections in 2023 promising to deliver better governance, comfortable lifestyle and economic relief for the voters. Meanwhile, a decision to lift the Karnataka Industrial Area Development Board’s borrowing ceiling from financial institutions from Rs 500 crore to Rs 5,000 crore was also approved by the Karnataka …

CM Siddaramaiah’s focus on getting revenue deficit grants for 2025-26 budget
1 week, 5 days ago

CM Siddaramaiah’s focus on getting revenue deficit grants for 2025-26 budget

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah, who is all set to start department-wise review meetings for the 2025-26 budget, is likely to chalk out a plan meticulously to draw the attention of the 16th Finance Commission to get revenue deficit grants from the Centre. Sources told TNIE that he may not stick to presenting a surplus budget, but would showcase the gap …

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout
1 month, 1 week ago

Odisha Assembly Passes ₹12,156 Cr Supplementary Budget Amid Oppn walkout

Deccan Chronicle  

The Odisha Legislative Assembly on Thursday evening approved the Appropriation Bill, 2024, authorizing the government to utilize ₹12,156 crore from its consolidated fund for the remaining months of the 2024-25 fiscal year. The session was marked by a walkout from the opposition BJD and Congress.Chief Minister Mohan Majhi, who also handles the finance portfolio, had presented the supplementary budget of …

TN Assembly speaker Appavu slams PM Modi for neglecting flood-hit Tamil Nadu, unfair fund allocation
1 month, 1 week ago

TN Assembly speaker Appavu slams PM Modi for neglecting flood-hit Tamil Nadu, unfair fund allocation

New Indian Express  

TIRUNELVELI: Assembly Speaker M Appavu alleged that Prime Minister Narendra Modi and his cabinet ministers were watching a film while people in Tamil Nadu were suffering due to the recent floods. After attending an event in Tirunelveli on Wednesday, Appavu told the media that the union government was treating Tamil Nadu and Kerala unfairly in allocating NDRF funds, while favouring …

UP collects ₹1.35 lakh crore tax revenue in 8 months
1 month, 1 week ago

UP collects ₹1.35 lakh crore tax revenue in 8 months

Hindustan Times  

[email protected] For representation only Uttar Pradesh government on Wednesday claimed it has collected a tax revenue of ₹135058.47 crore in the first eight months of 2024-2025. It collected ₹7579.74 crore from transport, ₹2226.81 crore from energy and ₹279.54 crore from land revenue “Our revenue collections are going up and the state’s financial situation is witnessing marked improvement consistently. The state …

Karnataka CM Siddaramaiah reviews performance of key departments
1 month, 1 week ago

Karnataka CM Siddaramaiah reviews performance of key departments

Hindustan Times  

Karnataka has reported strong revenue growth, with Chief Minister Siddaramaiah reviewing the performance of key departments, including Commercial Taxes, Excise, Stamps and Registration, and Mines and Geology, at a high-level meeting, his office said in a release. The Commercial Taxes Department reported revenue collection of ₹53,103 crore by November, achieving 94 per cent of the year-to-date target of ₹56,317 crore, …

Tamil Nadu’s own tax revenue grew 14% in H1, 2024-25: CAG
2 months, 1 week ago

Tamil Nadu’s own tax revenue grew 14% in H1, 2024-25: CAG

The Hindu  

Tamil Nadu’s Own Tax Revenue grew about 14% to ₹86,975.28 crore in the first half of fiscal 2024-25 from ₹76,257.13 crore in the first half of 2023-24, according to the provisional figures from the Comptroller and Auditor-General. Among the SOTR components, the State Goods and Services Tax collection grew 20.12% to ₹35,414.05 crore in the first half of 2024-25 from …

Chandigarh suffers ₹240 crore revenue loss in first half of fiscal year
2 months, 1 week ago

Chandigarh suffers ₹240 crore revenue loss in first half of fiscal year

Hindustan Times  

The UT administration has suffered a revenue loss of ₹240 crore in the first half of the 2024-25 fiscal, data from the Comptroller and Auditor General of India has revealed. The capital expenditure, which include funds designated for development projects and asset creation, have also been come down-- from ₹ 722 crore in 2023 to ₹ 655 crore in 2024. …

Karnataka's Fair Share of Tax Revenue: Siddaramaiah's Call to Action
Trending News
2 months, 1 week ago

Karnataka's Fair Share of Tax Revenue: Siddaramaiah's Call to Action

Hindustan Times  

Karnataka Chief Minister Siddaramaiah calls for greater fairness in the distribution of central taxes. He argues that the state contributes over ₹400,000 crore in taxes, yet receives only ₹55,000 crore to ₹60,000 crore in return. He urges Karnataka's members of Parliament to bring the issue of fiscal inequity to national attention, urging them to press the government for fairer treatment. …

Implement SCSP/TSP Act at national level, Karnataka CM Siddaramaiah tells Modi
3 months, 2 weeks ago

Implement SCSP/TSP Act at national level, Karnataka CM Siddaramaiah tells Modi

New Indian Express  

BENGALURU: With Prime Minister Narendra Modi alleging a scam in SC/ST funds in Karnataka, Chief Minister Siddaramaiah refuted the charges and urged PM Narendra Modi to implement the Scheduled Caste Sub-Plan and Scheduled Tribe Sub-Plan Act at the national level, to allocate funds proportionate to the Dalit population. “It is ridiculous that Narendra Modi, who has not agreed to implement …

BJP offering Rs 100 crore to Congress MLAs to topple Karnataka government: CM Siddaramaiah
4 months, 2 weeks ago

BJP offering Rs 100 crore to Congress MLAs to topple Karnataka government: CM Siddaramaiah

India TV News  

Karnataka Chief Minister Siddaramaiah today alleged that the Bharatiya Janata Party is offering Rs 100 crore to Congress MLAs to topple the state government. In 2008 and 2019, they came to power through ‘Operation Lotus’ and backdoor entry,” the Chief Minister said. This has resulted in a 1.66 per cent loss to the state,” the Chief Minister said. “If Union …

Karnataka Congress MLA Alleges BJP Offering Rs 100 Cr to Switch Sides
4 months, 2 weeks ago

Karnataka Congress MLA Alleges BJP Offering Rs 100 Cr to Switch Sides

Deccan Chronicle  

BENGALURU: In a startling revelation by Mandya Congress MLA Ravikumar Gowda on Sunday alleged his party MLAs are being lured by Bharatiya Janata Party through “brokers” to switch their loyalties to as many as 50 Congress MLA by offering each one of them Rs 100 crore. He is one among several Congress MLAs to have received offers from “brokers” having …

Karnataka stands 3rd in country with ₹54,427 cr FDI during 2023-24: CM Siddaramaiah
4 months, 4 weeks ago

Karnataka stands 3rd in country with ₹54,427 cr FDI during 2023-24: CM Siddaramaiah

Hindustan Times  

Chief Minister Siddaramaiah on Thursday said Karnataka stands third in the country by drawing ₹54,427 crore Foreign Direct Investment during 2023-24. He said the state government has taken up multidimensional programmes in the areas of industry, agriculture, infrastructure development, and education to accelerate economic growth, besides the implementation of welfare programmes. The government has approved 591 investment projects through single …

Puducherry GSDP grew by 7.54 % and per capita income by 7.61% in 2023-24
5 months, 2 weeks ago

Puducherry GSDP grew by 7.54 % and per capita income by 7.61% in 2023-24

The Hindu  

While the Gross State Domestic Product of the Union Territory recorded a growth of 7.54 % in 2023-24 compared to 2022-23, the per capita income of UT registered a growth of 7.61 % in 2023-24 compared to the year before, the outgoing Lieutenant Governor of Puducherry C. P Radhakrishnan has informed the Legislative Assembly. Delivering the customary address amid a …

FM: Criticism a ploy to derail ‘Viksit Bharat’
5 months, 2 weeks ago

FM: Criticism a ploy to derail ‘Viksit Bharat’

Hindustan Times  

Union finance minister Nirmala Sitharaman on Tuesday alleged a conspiracy was being hatched to derail the government’s Viksit Bharat agenda, and pointed out that the National Democratic Alliance has a superior record than previous governments in boosting growth, controlling inflation, helping farmers and expanding social justice. In her reply to the debate on the Union budget in the Lok Sabha, …

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
5 months, 2 weeks ago

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman

Live Mint  

The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by FY26, Union finance minister Nirmala Sitharaman told Parliament on Tuesday, addressing concerns raised by the Opposition on the budget. Sitharaman also outlined the government’s budgetary allocations for social sector welfare schemes, public capex, expenditure on …

Nirmala Sitharaman says Karnataka and Bengaluru are set to benefit under many schemes announced in Budget
5 months, 2 weeks ago

Nirmala Sitharaman says Karnataka and Bengaluru are set to benefit under many schemes announced in Budget

The Hindu  

Following criticism of the Union Budget by Chief Minister Siddaramaiah, Union Finance Minister Nirmala Sitharaman on Sunday defended the Centre’s financial allocation to Karnataka and said that many of the large projects announced in the Budget would bring benefits to the State. While Mr. Siddaramaiah had listed out Karnataka’s expectations from the Budget that were not met, Ms. Sitharaman gave …

‘Central transfers to Karnataka increased substantially’: Nirmala Sitharaman
5 months, 2 weeks ago

‘Central transfers to Karnataka increased substantially’: Nirmala Sitharaman

Hindustan Times  

Union finance minister Nirmala Sitharaman on Sunday clarified that the central transfers to Karnataka have “increased substantially”. Union Minister of Finance and Corporate Affairs Nirmala Sitharaman Hitting out at the Siddaramaiah-led state government, Sitharaman said that they “falsely” keep saying that the Centre does not give Karnataka its due. Sitharaman's comment comes days after the Congress government in Karnataka expressed …

‘Andhra’s debt rose to over ₹9 lakh crore’: Naidu in white paper
5 months, 2 weeks ago

‘Andhra’s debt rose to over ₹9 lakh crore’: Naidu in white paper

Hindustan Times  

Telugu Desam Party president and Andhra Pradesh chief minister N Chandrababu Naidu on Friday alleged that the state’s economy had witnessed a sharp fall in the growth rate from 13.5% to 10.5% during the five-year regime of the previous YSR Congress Party government, resulting in a loss of revenue up to ₹6.94 lakh crore. The chief minister said the state’s …

Bihar witnessing high growth amid rising fiscal stress: CAG report
5 months, 2 weeks ago

Bihar witnessing high growth amid rising fiscal stress: CAG report

Hindustan Times  

The state finances audit report of Bihar for the financial year 2022-23, which was tabled in the assembly on Thursday, highlighted the challenges of the rising fiscal stress in the state despite its growing gross state domestic product at 15.55% over the last year. The fiscal deficit, the gap between the total expenditure and total non-debt receipt of the state …

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development
5 months, 2 weeks ago

Odisha Budget 2024-25: Rs 2.65 Lakh Crore Focuses on Welfare and Development

Deccan Chronicle  

Bhubaneswar: The Bharatiya Janata Party-led Odisha government on Thursday presented Rs.2.65 lakh crore budget for the financial year 2024-25 with more special focus on agriculture, infrastructure, welfare and Odia Asmita. Presenting the budget, Chief Minister Mohan Charan Majhi, who also holds the finance portfolio, proposed the administrative expenditure at Rs 97, 725 crore and the programme expenditure of Rs 1,55,000 …

Telangana Government presents State Budget with total outlay of ₹2.91 lakh crore
5 months, 2 weeks ago

Telangana Government presents State Budget with total outlay of ₹2.91 lakh crore

The Hindu  

The Telangana State Government has presented ₹2.91 lakh crore Budget for the Financial Year 2024-25 with emphasis on welfare and development of agriculture and allied sectors. Finance Minister Mallu Bhatti Vikramarka introduced the Budget in the Assembly on July 25 with estimated revenue expenditure of ₹2.2 lakh crore and capital expenditure of ₹33,487 crore. The Finance Minister presented the Budget, …

In the red: Why Karnataka's finances should worry the government
5 months, 3 weeks ago

In the red: Why Karnataka's finances should worry the government

India Today  

Karnataka Chief Minister Siddaramaiah announced on July 23 his non-participation in the NITI Aayog Governing Council meeting to be chaired by Prime Minister Narendra Modi in Delhi on July 27. Against a national GDP growth rate of 7.3 per cent, Karnataka is set to register a growth of 6.6 per cent. Karnataka’s gross fiscal deficit was 2.14 per cent in …

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister
5 months, 3 weeks ago

Budget 2024: Just a political exercise to protect interests of Modi govt, says Kerala Finance Minister

The Hindu  

Kerala Finance Minister K. N. Balagopal on July 23 slammed the 2024-25 Union Budget, calling it a “gimmick” and a “political exercise” solely intended to protect the interests of the BJP-led NDA government. “While the BJP opened its account in Kerala, Kerala’s account has been closed,” Mr. Balagopal remarked, in an apparent reference to the BJP candidate Suresh Gopi’s win …

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged
5 months, 3 weeks ago

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

The Hindu  

Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. Whilst the rate of taxation remains unchanged, the size of each of the slabs, excluding the initial zero to ₹3 lakh, remains unchanged. Budget 2024-25: Taxes Earlier, the Finance Minister further placed increasing the standard deduction for salaried employees from …

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?
5 months, 3 weeks ago

Budget 2024: Will Nirmala Sitharaman bring cheer to middle-class with income tax changes?

Hindustan Times  

The Union Budget 2024 could provide Income Tax relief for low earners looms large amid rising prices in the country. Experts believe that a reduction in Income Tax could address economic challenges in the country as Finance Minister Nirmala Sitharaman is set to present the Union Budget for the fiscal year 2024-25 on July 23. This change would boost consumption, …

Centre must share taxes fairly with states: CM Siddaramaiah
6 months, 1 week ago

Centre must share taxes fairly with states: CM Siddaramaiah

New Indian Express  

BENGALURU: Chief Minister Siddaramaiah on Monday said the Centre should share taxes appropriately and proportionately with the states. Inaugurating the GST Day programme organised by the Commercial Taxes Department here, he said, “GST is an indirect tax and before it was introduced, the state government collected Value-Added Tax. There is an outcry now as states are not getting their fair …

Tamil Nadu government plans to borrow ₹24,000 crore in Q2, 2024-25
6 months, 2 weeks ago

Tamil Nadu government plans to borrow ₹24,000 crore in Q2, 2024-25

The Hindu  

Tamil Nadu government plans to borrow ₹24,000 crore in the second quarter of fiscal 2024-2025, as per the Indicative Calendar of Market borrowings by State governments/Union Territories, released by the Reserve Bank of India. Tamil Nadu government plans to borrow a total amount of ₹1,55,584.48 crore during 2024-25 and make repayment of ₹49,638.82 crore, as per the State Budget. At …

Karnataka: Split in Congress over move to hire BCG to fulfil poll promises
6 months, 3 weeks ago

Karnataka: Split in Congress over move to hire BCG to fulfil poll promises

Op India  

The Karnataka government’s decision to hire “The Boston Consulting Group” as a consultant appears to have divided the Congress party as Praveen Chakravarty joined voices with the Bharatiya Janata Party BJP to criticise Chief Minister Siddaramaiah administration’s move to recruit the consulting giant in an attempt to increase revenue to fulfil its five election guarantees. If one wins elections by …

Odisha CM Majhi to present first budget in June assembly session
6 months, 3 weeks ago

Odisha CM Majhi to present first budget in June assembly session

New Indian Express  

BHUBANESWAR: With the BJP government going into functional mode, Chief Minister Mohan Charan Majhi is set to present his first budget in the Assembly session which is likely to be convened in the last week of June. The saffron party sources said the first budget of the Majhi government will be a departure from the existing system of freebies and …

Centre releases ₹1.39 lakh crore to states in June
7 months ago

Centre releases ₹1.39 lakh crore to states in June

Live Mint  

The Central government has devolved ₹1.39 lakh crore to states as devolution of its tax revenue in June, finance ministry stated on Monday. Centre devolves 41% of its tax revenue to state governments as part of the formula set by the Finance Commission. The Commission also examines the development needs of states and trends like tax buoyancy and major obligations …

At ₹558 crore, highest-ever pre-poll seizures made in Karnataka
8 months ago

At ₹558 crore, highest-ever pre-poll seizures made in Karnataka

The Hindu  

The Election Commission seized a whopping ₹557.69 crore from March 16, when the model code of conduct for the Lok Sabha election came into force, until the end of the final phase of polling on May 7 in the State. The seizures include ₹151 crore in cash, liquor worth ₹42 crore, drugs worth ₹126 crore, gold worth ₹71 crore, and …

Siricilla again tops in property tax collections among ULBs in 2023-24
9 months, 1 week ago

Siricilla again tops in property tax collections among ULBs in 2023-24

The Hindu  

Siricilla has once again topped the list of property tax collection for the financial year of 2023-24 among the 140 Urban Local Bodies in Telangana by achieving 99.52% collection or ₹5.58 crore from the total demand of ₹5.61 crore by March 31 midnight. Municipal Administration and Urban Development officials informed on Tuesday that Yellandu in Bhadradri-Kothagudem district secured the second …

Amit Shah begins campaign in Karnataka by alleging power tussle between CM, Deputy CM
9 months, 1 week ago

Amit Shah begins campaign in Karnataka by alleging power tussle between CM, Deputy CM

The Hindu  

Building up tempo for the BJP’s poll battle for Lok Sabha elections in Karnataka, Union Home Minister Amit Shah accused the Chief Minister and Deputy CM of neglecting the interests of the State due to their power tussle, and trying to politicise the issue of drought assistance from the Centre. The Congress government is neither bothered about development of the …

I-T dept should demand ₹4,600 crore from BJP: Congress's big charge after fresh tax notices
9 months, 2 weeks ago

I-T dept should demand ₹4,600 crore from BJP: Congress's big charge after fresh tax notices

Hindustan Times  

Day after the Congress was served fresh notices from the income-tax department asking it to pay ₹1,823.08 crore, party treasurer Ajay Maken claimed that while the BJP has committed significant violations, the Congress party has been unfairly targeted by the income tax authorities. Addressing a press conference along with Congress general secretary Jairam Ramesh, Maken on Friday said they analysed …

Nirmala terms Karnataka govt.’s attack on Centre about funds as ‘false and misleading’
9 months, 2 weeks ago

Nirmala terms Karnataka govt.’s attack on Centre about funds as ‘false and misleading’

The Hindu  

Terming the Karnataka government’s attack on the Centre on funding as “completely false and misleading”, Union Finance Minister Nirmala Sitharaman on Sunday said the devolution to the State and the Centre’s grants in aid had increased while GST compensation had been completely paid. So do they acknowledge that what was received was not part of Finance Commission’s recommendation?” On the …

Election Commission on high alert in Karnataka as pre-poll seizures during 2023 Assembly elections had crossed ₹733 crore
9 months, 3 weeks ago

Election Commission on high alert in Karnataka as pre-poll seizures during 2023 Assembly elections had crossed ₹733 crore

The Hindu  

With the 2023 Karnataka Assembly election having gained notoriety for being powered by big money, the Election Commission is on high alert in this election. Since August last year, in the run-up to the Lok Sabha election, poll personnel have already seized cash and other goods worth ₹537 crore in Karnataka. During the Assembly polls of 2023, the total pre-poll …

₹5.85 Cr cash, alcohol worth ₹21.48 Cr seized in run-up to LS polls in Karnataka
9 months, 3 weeks ago

₹5.85 Cr cash, alcohol worth ₹21.48 Cr seized in run-up to LS polls in Karnataka

Hindustan Times  

The Election Commission on Wednesday said ₹5.85 crore cash and alcohol worth ₹21.48 crore have been seized in Karnataka since the Model Code of Conduct came into force. READ | Bengaluru South Lok Sabha constituency to vote on April 26 According to EC officials, since the Model Code of Conduct came into force on March 16, the flying squads, static …

U.P. govt collected ₹2,813 cr more revenue in Feb this year
10 months, 1 week ago

U.P. govt collected ₹2,813 cr more revenue in Feb this year

Hindustan Times  

The Uttar Pradesh government on Monday claimed an increase of ₹2,813.88 crore in its revenue collections in February 2024. Minister for finance Suresh Khanna, briefing media persons, said the state government collected a revenue of ₹17,742.67 crore, 77.5 percent of the target of ₹22,888.79 crore in February 2024. government collected a tax revenue of ₹ 1,73,381.51 crore till February 29. …

Budgetary allocations in UP: 67% funds used so far, efforts on to utilise money by March 31
10 months, 1 week ago

Budgetary allocations in UP: 67% funds used so far, efforts on to utilise money by March 31

Hindustan Times  

LUCKNOW With the current financial year ending on March 31, 2024, the state government has so far used nearly 67% of the budgetary funds and efforts have been stepped up to ensure that departments make use of the funds without compromising on quality. The state government got an annual budget of ₹ 6.90 lakh crore approved from the state legislature …

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore
10 months, 2 weeks ago

Ajit Pawar presents interim budget, state debt reaches ₹7.82 lakh crore

Hindustan Times  

MUMBAI: Finance minister Ajit Pawar on Tuesday presented a ₹6 lakh crore interim budget with a revenue deficit of ₹9,734 crore. While the government is aiming for a $1trillion state economy, its debt burden has reached ₹7.82 lakh crore after a net borrowing of ₹72,000 crore. The PM has announced welfare schemes for youth, women, the poor and farmers, which …

Setback for Congress govt in Karnataka as Bill proposing to tax temples defeated
10 months, 3 weeks ago

Setback for Congress govt in Karnataka as Bill proposing to tax temples defeated

India TV News  

In a setback for the Siddaramaiah-led Congress government, the Karnataka Hindu Religious Institutions and Charitable Endowments Bill 2024, which proposes to impose 10 per cent tax on temples having revenues above Rs 1 crore failed to pass in the legislative council. Proposing the Bill in the Council, Transport and Muzrai Minister Ramalinga Reddy said that as per the present rules, …

BJP leader Basavaraj Bommai criticizes Karnataka state budget, warns of economic downturn
10 months, 3 weeks ago

BJP leader Basavaraj Bommai criticizes Karnataka state budget, warns of economic downturn

Hindustan Times  

In a scathing critique of Chief Minister Siddaramaiah's 15th budget presentation, BJP leader and Former Chief Minister Basavaraj Bommai expressed concerns over the fiscal direction of the state, asserting that "Development is not possible from Dasoha without Kayaka". Bommai also raised concerns about the government's borrowing practices, stating that despite borrowing ₹1.5 lakh crore, only ₹1,000 crore was allocated for …

‘Centre should not try to weaken states’: Karnataka CM Siddaramaiah
10 months, 3 weeks ago

‘Centre should not try to weaken states’: Karnataka CM Siddaramaiah

Hindustan Times  

Karnataka Chief Minister Siddaramaiah on Wednesday said that a country is secure only if the states are secure, adding that the Centre should not try to weaken the states. Replying to the debate on the Governor's speech in the Legislative Council, Chief Minister Siddaramaiah said," Our constitution has designed that we will have a federal system. READ | 'Anti-Hindu': BJP …

Tamil Nadu presents ₹3.48L cr budget; focus on infra, ‘7 Tamil dreams’
10 months, 3 weeks ago

Tamil Nadu presents ₹3.48L cr budget; focus on infra, ‘7 Tamil dreams’

Hindustan Times  

Tamil Nadu finance minister Thangam Thennrasu on Monday presented the state budget for 2024-25 announcing a total outlay of ₹3.48 lakh crore, along with a revenue deficit of over ₹49,000 crore as the government promised an increased focus on infrastructure and expanding welfare schemes encompassing “seven Tamil dreams” with no new populist announcement, aiming at fiscal prudence. The alleged “inordinate …

Siddaramaiah presents Budget for 15th time in Karnataka
10 months, 4 weeks ago

Siddaramaiah presents Budget for 15th time in Karnataka

Deccan Chronicle  

BENGALURU: Chief Minister Siddaramaiah on Friday presented State budget 2024-25 which was his 15th budget presentation in his political career and in the budget presented the Chief Minister holding Finance ministry, stated that the total expenditure for the financial year is estimated to be Rs 3, 71, 383 crore which includes Revenue expenditure of Rs 2, 90, 531 crore, capital …

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