Taxes should be shared appropriately with states: Karnataka CM Siddaramaiah
5 months, 3 weeks ago

Taxes should be shared appropriately with states: Karnataka CM Siddaramaiah

Hindustan Times  

Karnataka Chief Minister Siddaramaiah on Monday emphasised on distribution of the net proceeds of taxes to be shared between the Centre and the States, and the allocation between the States of the respective shares of such proceeds. Explaining that GST is an indirect tax, the CM said that before GST was introduced, the Government of Karnataka collected taxes through VAT. In February 2024, Chief Minister of Karnataka Siddaramaiah said that Karnataka has lost ₹1,87,867 crore since 2017-18 due to the step-motherly treatment towards Karnataka and termed this as a missed opportunity for transformative development in the State. The Karnataka CM was speaking after inaugurating the GST Day programme organised by the Commercial Taxes Department at Vidhana Soudha's Banquet Hall. Chief Minister's Political Secretaries Dr K Govindaraju and Nazir Ahmed, Finance Department and Chief Minister's Deputy Chief Secretary LK Ateeq, Commercial Taxes Department Commissioner C Shikha, Finance Department Secretary PC Zafar, and others were present.

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