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Highlights
Karnataka Chief Minister B S Yediyurappa presenting the state budget 2021-22 on Monday (March 8), said he has not put the burden of additional taxes on the common people. The year 2020-21 due to COVID-19 pandemic has caused untold miseries to the general public. I am not willing to put the burden of additional taxes on the common people, said Yediyurappa.
Bengaluru: Karnataka Chief Minister B S Yediyurappa presenting the state budget 2021-22 on Monday (March 8), said he has not put the burden of additional taxes on the common people. The year 2020-21 due to COVID-19 pandemic has caused untold miseries to the general public. I am not willing to put the burden of additional taxes on the common people, said Yediyurappa.
Despite this in the 2021-22 budget, no taxes including Karnataka State Tax on petrol and diesel has been increased and the budget has been formulated in such a way so as not to increase the financial burden on the common man, he added.
Yediyurappa who also holds the Finance Portfolio presented the state budget, his eighth in the legislative assembly Monday.
The Chief Minister said, the Gross State Domestic Product (GSDP) has seen a fall due to lockdown for controlling the COVID-19 pandemic during the year 2020-21, and as per the initial estimation based on fixed prices the GSDP has contracted by 2.6 per cent in comparison with that of 2019-20.
Karnataka Budget: No rise in taxes on Petrol and Diesel
India
Updated: Monday, March 8, 2021, 13:33 [IST]
Bengaluru, Mar 08: Karnataka Chief Minister B S Yediyurappa presented the state budget for the fiscal year 2021-22, one of his toughest, in the post-pandemic era. This was Yediyurappa s eighth budget and third during his present term as chief minister since July 2019.
Leader of Opposition Siddaramaih along with Congress MLA s boycotted the budget after a few minutes of protest.
The Chief Minister, who holds the finance portfolio, spared citizens by not announcing any new taxation in the budget.
In the budget 2021-22 Budget, no taxes including Karnataka State Tax on Petrol and Diesel has been increased, in a bid to relieve burden on the people who are already facing hardship due to increase in fuel prices.
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No additional tax, goshala in each district, Rs 1500 crore for development of minorities in Karnataka budget
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No additional tax, goshala in each district, Rs 1500 crore for development of minorities in Karnataka budgetPTI
Last Updated: Mar 08, 2021, 08:54 PM IST
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Synopsis
Presented on the international women s day, the budget had significant doles for the womenfolk, Rs 31,028 crore allocated to agriculture and allied sectors, reasonable push for health care and infrastructure development, even as revenue collection being adversely affected due to COVID-19 and the consequent lockdown.
Agencies
In the Morarji Desai residential schools/model schools/colleges, maintained by the Minority Welfare Department, technology based learning programme will be implemented.
No new taxes but new gaushalas to mega infra projects: Key takeaways from Karnataka Budget deccanherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from deccanherald.com Daily Mail and Mail on Sunday newspapers.