Karnataka Chief Minister Siddaramaiah presented his 15th budget on Friday. The budget has been presented against the backdrop of implementing five guarantee schemes. According to the CM’s budget speech, total revenue receipts of Rs. 2,63,178 crores is estimated for 2024-25, out of which Rs. 1,89,893 crores is state own tax revenues and Rs. 13,500 crores […]
Karnataka Budget 2023 presented by Siddaramaiah: Highlights
Chief Minister Siddaramaiah presented a record 14th budget on July 7. As on expected lines, priority areas of his budget are fulfilling five guarantees announced by Congress prior to the assembly election, Bengaluru development, health care, etc. In his budget speech CM announced that to implement five guarantees approximately Rs. 52,000 crore required and it […]
Karnataka Budget 2023 presented by Bommai – Highlights
Chief Minister Basavaraj Bommai presented his second budget on February 17, 2023. This is a revenue surplus budget. Total expenditure is estimated to be Rs. 3,09,182 core. No new tax proposals have been proposed as the Karnataka Assembly elections are around the corner (May 2023). GSDP is the sum of all value added by industries […]
Karnataka Budget 2022 – Highlights
The Chief Minister, Basavaraj Bommai announced his maiden Karnataka budget 2022 on March 4. With the state’s assembly Polls only a year away, this is likely to be the last full-fledged budget till the elections. Taxpayers heaved a sigh of relief as the Chief Minister announced that there would be no additional taxes and the […]
All You Need To Know About Karnataka Budget 2020
Karnataka Chief Minister BS Yediyurappa presented his 7th budget on Thursday, March 5. An 87 page Karnataka budget 2020 was presented Yediyurappa and took around 110 minutes to complete his budget speech. The major proposal in Karnataka’s budget 2020 is to increase in the excise duty on petrol, diesel and Indian Made Liquor (IML). Tax […]
Your Guide To Karnataka Budget 2019-20
Karnataka Chief Minister HD Kumaraswamy presented the second budget of his coalition government on Friday. HD Kumaraswamy who is popularly called as the HDK is in power since the last 8 months with the support of the Congress. The budget was 96 pages document. It has several new tax proposals which can pinch your pocket. The […]
Karnataka Budget 2018 – Key Takeaways That You Should Know
CM Siddaramaiah presented the 13th state budget and here is a list of major takeaways of the same. The primary focus of the budget was employment generation and farmer support. Below are the major points of Karnataka budget 2018. Karnataka Budget 2018 – Agriculture Karnataka Budget 2018 – What is in it for Bangalore? INR […]