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.
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Most Islamic scholars and schools of thought agree that the mustache should be faded or trimmed to ensure hygienic practice so the hair does not touch the lip. Along the lines of hygiene, Muslim men are also instructed to keep their beards at an appropriate length, which, according to Abu Huraira is a fist length. Chin scruff and light stubble do not cut it.
I think he himself should start practicing what he says.
Thanks for chaning the Headline CD.
CD, very wicked you are. On headlines it says UP Wakf Board and on the inside it is UP Shia Wakf board. Shias are simply not Muslims. Infact their religion is Shiaism!
This man seems to be no knowledge of Islam and got highest postion in the waqf board.
The hadees clearly says, GROW THE BEARD AND SHORTEN TEH MOUTACHE.
Shorten how much., it can go interpreted to minimal length of zero.
How does a man look like terrorist by shaving anything. A man with longer moustache really look like terrorist, that is the reason, it is much encouraged or practiced in military and police.
Some smaller ranked police constable even though they are very slim they look fearful with moustache.
I dont give my own fatwa or decree but wrongly and Misguiding religious ruling is worst than anything.
Those who misguide in the name of Hadees and Quran are more punishable as per Hadees.
May Allah guide him and all to understand and pracice the truth.
MUQ MAAFI
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