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Karnataka Budget: No rise in taxes on Petrol and Diesel

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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