Mar 5: The Karnataka government on Thursday proposed to increase rate of tax on petrol and diesel by three per cent which would make the fuel dearer by Rs 1.60 and Rs 1.59 per litre, respectively.
Presenting the 2020-21 budget in the Legislative Assembly, Chief Minister B S Yediyurappa proposed to increase rate of tax on petrol from 32 per cent to 35 per cent and diesel from 21 per cent to 24 per cent, as part of additional resource mobilisation measures.
Yediyurappa, who also holds the finance portfolio, increased excise duty on Indian Made Liquor (KML) across 18 slabs by six per cent.
However, to promote affordable housing, the government proposed to reduce stamp duty on first time registration of new apartments/flats costing less than Rs 20 lakh from existing five per cent to two per cent.
This is the first budget of the BJP government after coming to power last year; it's the seventh presented by Yediyurappa.
"For the year 2020-21, a total amount of Rs 55,732 crore is provided for stimulating economic growth sector", the Chief Minister said.
He said the revenue collection target for the Commercial Taxes department for the year 2020-21 is fixed at Rs 82,443 crore.
Stating the government had fixed a revenue target of Rs 20,950 crore for the excise department for the year 2019- 20, he said at the end of February Rs 19,701 crore had been collected.
"We hope to achieve the budget target."
He also hoped with the increase in rates and effective enforcement and regulatory measures, the Excise department would be achieving the target of Rs 22,700 crore fixed for the financial year 2020-21.
On the transport sector, Yediyurappa said it is proposed to levy motor vehicle tax on contract carriages having seating capacity to carry more than 12 passengers, but not more than 20 passengers at the rate of Rs 900 per seat per quarter.
He said it is also proposed to levy vehicle tax on new model sleeper coaches which are granted permits under section 88 (9) of MV Act 1988 at the rate of Rs 4,000 per sleeper per quarter.
Noting that a target of Rs 7,100 crore revenue collection is expected to be achieved in 2019-20 in transport sector, he said for 2020-21 revenue collection target has been fixed at Rs 7,115 crore.
He said the revenue collection target for 2019-20 under stamps and registration was fixed at Rs 11,828 crore and against this Rs 10,248 crore has been collected till the end of February 2020 which is 87 per cent of full year target.
While the revenue collection target for 2020-21 under stamps and registration is fixed at Rs 12,655 crore.
Muhammad Affan Shaikh, who was tortured in the confinement by his wife’s parents and brother, has been now admitted to a hospital in Manipal.
Comments
Torture those in laws and wife in same way...
Paapa maare
Shame
It is nothing but, women misusing favourable laws
Kaliyug..!
They should be punished
Money will define issue. Man having more money, will torture woman and woman having more money torture man
Its an very rare case of torturing man by his in law's & wife
Huttu guna sattharu bidalla.. Naren was absconding these days.. now he is back with his jokes,..
He might be poor. That might be the reason
Unusual
yes naren, even its very surprising to see your unusual behavior as you react whenever you see muslim name or community in the news articles. and rest of the time you are silent. you don't see the pain, injustice, problems whether it be of any human in any community.
and in your brain all unusual things are very common. I need not mention why naren is famous for? even if I write CD moderator will not cut it :).. and I am sure that all readers will understand :):)
Husband torturing wife and in-laws killing son-in-law is very common in one particular community. And in Bhatkal all unusual things are very common. I need not to mention why bhatkal is world famous for? Even if i write CD moderator will cut it.. but i hope all readers will understand :p
yes Naren Bhai RSS ISS are two faces of same coin.
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