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No new tax imposed as KMC approves budget of Rs26 billion June 30, 2021 The Karachi Metropolitan Corporation (KMC) has approved a budget of Rs25,982.414 million for the next financial year with a surplus of Rs11.947 million, as the expenditures are estimated at Rs25,970.467 million. Karachi Administrator Laeeq Ahmed on Tuesday approved the budget using the powers of the city council under the notification of the Sindh government. No new tax has been imposed. The administrator said that for the next financial year, priority was given to those development schemes which were in the interest of the public. “Non-development schemes are kept to a minimum; new and ongoing projects of roads, gardens, playgrounds and sports complexes have been added to improve the infrastructure of Karachi.” ....
BUDGET: No new taxes; No rise in State sales taxes on petrol, diesel March 8, 2021 Bengaluru: Faced with a mammoth financial challenge, Chief Minister B.S. Yediyurappa, who holds the Finance portfolio, presented the Karnataka Budget for the 2021-22 fiscal this morning at the Legislative Assembly. His Budget speech Karnataka Vikasa Patra 2021 began at 12.05 pm. Yediyurappa presented the eighth Budget in his political career and the third during his present term as the Chief Minister since July 2019. Before presenting the Budget, Yediyurappa visited Sri Raghavendraswamy Mutt at Seshadripuram and offered pujas. As soon as the CM rose to present the Budget, Congress, under the leadership of former CM Siddharamaiah, disrupted the proceedings and staged a walkout and claimed that the Government had no “moral right” to present the Budget. ....