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.
Chiku, married to Linson Thomas, also working as a male nurse in the same hospital, failed to turn up for work at around 11 pm local time. Mr Thomas, who was on duty at the hospital, went to their apartment and found her dead with grievous injuries. T.I. Varghese, a close relative of the family, told this newspaper that the woman was suspected to be hacked with a sharp edged weapon.
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it is clear that the baby was targeted, otherwise there was no need to stab a woman with so many stabs if the reason was only ROBBERY. i trust our dear HM that he will find out the monster, this cannot be an act of a human being. THE EYES OF GOD THE ALMIGHTY OVERLOOKS EACH AND EVERY CREATION OF HIS AND THE CULPRIT WILL NOT ESCAPE THE WRATH OF GOD.
As a mother of 9 year old baby which my GOD blessed me after much trials for 6 years, i only ask \why\""
#5
Either YOU are ignorant of GOD or U are a fool to believe such a way.
God created all that exists in this EARTH and he has proportioned everything. Humans are one of the intelligent creation of ALLAH and as we advance technologically.. Human moral are decreasing and they rely on the advancement of technology. Mobile are good but when people use for BAD it is affecting the society. Everywhere U see evil, we need to stop it rather than ignoring.
When EVIL increases WE should voice out ... which we dont see now a days... it is our job too to voice out the EVIL done in our society.
God is most merciful, the culprit may escape cos of a merciful now , but his life will not get contentment in this world unless he asks forgiveness with the victim & with the creator who gave the LIFE to all.. There is a day when everything thing will be judged in front of THE CREATOR.
He gave us LIFE and he is the one who takes LIFE. Had U ever look what GOD says in his message .. if not please lOOK QURAN and find out what he says in QURAN on the PURPOSE of LIFE, Good and EVIL and HEAVEN and HELL>
First know WHO is ALLAH and then learn more about his messenger like Prophet Muhammd pbuh, jesus, moses, ibrahim, noah and many other... Who conveyed What is LIFE and what is our duties.
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