3 percent increase in tax on petrol, diesel; fuel to cost more from April 1 Pay more for liquor: 6 percent hike in excise duty on Indian-Made Foreign Liquor Rs. 8,344 crore allocated towards ‘comprehensive development’ of Bengaluru No special projects for Mysuru; region misses out on Film City too Bengaluru: Karnataka Chief Minister B.S….
Budget allocates Rs. 1.5 lakh crore for Brand Bengaluru project
February 8, 2019Bengaluru: Chief Minister H.D. Kumaraswamy, who holds the Finance Portfolio, presented the State Budget for 2019-2020 this morning in the Assembly. This is the second Budget of the coalition government he heads along with Congress. The timing he chose to present the Money Bill was 12.35 pm, after the Rahu Kala ended and the timings…
State Budget on Feb.8
February 1, 2019To focus on rural life improvement Bengaluru: With Lok Sabha polls round the corner, Chief Minister H.D. Kumaraswamy is likely to focus on rural life improvement in his State Budget to be presented on Feb.8. The CM, who is giving final touches to his budget, is all set to prioritise rural drinking water, farming and…
State Budget on Feb.8
January 25, 2019Bengaluru: Chief Minister H.D. Kumaraswamy, who also holds the Finance portfolio, will present the State Budget on Feb. 8. Kumaraswamy who met Governor Vajubhai Vala at Raja Bhavan here this morning, extended an invitation to the Governor to address the joint session of the State Legislature on Feb. 6, to mark the beginning of the…
A Costly Budget : Rs. 34,000 crore farm loan waiver makes other commodities dearer
July 5, 2018WHAT WILL COST MORE : Petrol, Diesel, Liquor, Electricity, Private Service Vehicles Bengaluru: Chief Minister H.D. Kumaraswamy announced waiver of all default crop loans benefiting farmers to the tune of Rs.34,000 crore in his Budget proposals presented in the Assembly this morning. The size of the Budget is Rs. 2,13,734 crore and to balance the financial…
Brindavan Gardens to be developed like Disneyland: CM H.D. Kumaraswamy
July 5, 2018Bengaluru: Chief Minister H.D. Kumaraswamy has announced in his budget that the Brindavan Gardens at KRS in Mandya will be developed on the lines of Disneyland in the US. World’s leading entertainment park engineers and investors will be invited to beautify KRS. An initial fund of Rs. 5 crore will be allotted for this project,…
Mixed reactions to State Budget
July 5, 2018Mysuru: Reacting to the coalition budget, Mysuru Chamber of Commerce and Industry (MCCI) President A.S.Sathish said that at the outset, it seems that Agriculture has dominated the Budget. However, the budget has also focussed on Industrial sector, with some measures for boosting the sector, which include more involvement of KIADB and KSIDC in the promotion…
Appointment to Boards and Corporations after State Budget
July 2, 2018Bengaluru: AICC General Secretary and Congress party in-charge of Karnataka K.C. Venugopal has said that a decision on expansion of the State Cabinet will be taken after the Budget session. Speaking to press persons after the Coordination Committee meeting here on Sunday, Venugopal maintained that the meeting did not discuss Cabinet expansion. However, a decision…
State Budget on Feb. 16
January 3, 2018Bengaluru: The State Budget for 2018-19 will be presented in the Legislature on Feb.16. CM Siddharamaiah, who holds the Finance portfolio, will be presenting his 13th Budget. The Government has decided to advance the Budget presentation in view of the Assembly elections. Briefing reporters after the Cabinet meeting yesterday, Law Minister T.B. Jayachandra said that…
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