Karnataka Budget News

Politics

Karnataka budget high on taxes

Chief minister aims to raise taxes on petrol products, excise and motor vehicle taxesThe state budget registered a rise of ₹11,268 crore as compared to last fiscal’s ₹2,26,625 cr

3 min read5 Mar 2020
Industry

Karnataka increases excise duty on liquor by 6% to raise revenues

The revenue target was set at ₹20,950 crore in FY20 and the department has so far collected ₹19,701 croreWith the hike, state will meet FY21 target of ₹22,700 crore

1 min read6 Mar 2020
News

Karnataka likely to cut expenditure in state budget to mitigate fund crunch

The state budget’s refocus is likely to add to its inadequate infrastructure creation, experts saidThe state government has already asked its cabinet to brace for budget cuts of up to 30%

2 min read26 Feb 2020
Politics

Political mudslinging overshadows Karnataka budget

Karnataka CM H.D. Kumaraswamy releases 'audio' of BJP's B.S. Yeddyurappa offering money to an MLA to switch sidesCongress's Siddaramaiah says the party will use the anti-defection law to take legal action against its four missing MLAs

2 min read9 Feb 2019
Politics

Karnataka: English medium government schools face criticism at Kannada literary meet

The criticism came days after former Karnataka CM Siddaramaiah hauled up Kumaraswamy for his plans to introduce English as medium of instruction in state government schools

1 min read5 Jan 2019
Politics

Budget focuses on infrastructure development in Bengaluru

Karnataka chief minister H.D. Kumaraswamy said his government will build six interconnected elevated corridors at a cost of 15,825 crore in the next four years

1 min read5 Jul 2018
Politics

Congress strategy on fuel price backfires

The decision also busts the Congress party leaders' claims that the NDA government at the Centre could cut taxes on petrol by up to 25 a litre, but was not doing so

1 min read5 Jul 2018
Politics

Karnataka budget: Kumaraswamy announces ₹34,000 crore farm loan waiver

Both the Congress and JD(S) are hoping to get the backing of the over 40 million strong farming community in the state before the 2019 Lok Sabha elections

3 min read5 Jul 2018
Politics

Karnataka politics: Congress leader says settlement period needed with JD(S)

When two different parties come together, sorting out a common minimum programme and then trying to build an effective government over it does take time, says Krishna Byre Gowda, Congress legislator

5 min read2 Jul 2018
Politics

Karnataka politics: How to solve a problem like Siddaramaiah

Less than a month after JDS' H.D. Kumaraswamy took oath as Karnataka CM, Congress' Siddaramaiah has thrown a spanner in the worksthe trigger is the state budget that is expected to announce a farm loan waiver

2 min read28 Jun 2018
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Budget

The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared

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