During the Karnataka Budget 2024 presentation, Chief Minister Siddaramaiah announced several key measures, including the digitization of all services rendered by the Excise department and the revision of tax slabs for Indian Made Liquor (IML) and beer. Siddaramaiah also highlighted the financial challenges faced by the state, citing a loss of Rs 59,274 crore due to the unscientific implementation of GST over the last seven years and an estimated loss of Rs 62,098 crore under the devolution of Central taxes during the 6 years of the 15th Finance Commission. Despite presenting a revenue deficit budget, the Chief Minister increased allocation for welfare programs to Rs 1,20,373 crore. The budget presentation was met with protests from BJP MLAs, who walked out of the state Assembly, criticizing the budget as a 'bogus budget' and accusing it of being an 'election budget.' Opposition leaders, including former CM BS Yediyurappa, expressed concerns over the lack of details regarding the drought situation in the state.
#WATCH | On Karnataka Budget session, Former Karnataka CM and BJP leader BS Yediyurappa says, "The drought condition in the entire state is in a very worse situation. For that also they have not even mentioned those details at all... that's why the BJP and JDS people walked out… https://t.co/TAZoiuKJc5
#Karnataka | "Chief Minister Siddaramaiah let down the farmers": State BJP chief BY Vijayendra (@BYVijayendra) on budget to NDTV's Pratiba Raman (@PratibaRaman) https://t.co/ion2mamv3o
7 BJP MLAs have been suspended from the Delhi Assembly for their unruly conduct in the House, and the matter has been sent to the Privilege Committee of the House. Their suspension will be effective until the report from the committee comes. #BJP MLAs held protests on the… https://t.co/5awFJUgSu5
STORY | Budget: Karnataka CM Siddaramaiah strongly defends guarantee schemes, attacks Centre for "anti-people" decisions READ: https://t.co/stJpF2RTVH #KarnatakaBudget2024 (PTI Photo) https://t.co/vBOCMiuBaj
Though I have presented a revenue deficit budget, I have increased allocation for welfare programmes to Rs 1,20,373 Cr: Karnataka CM Siddaramaiah. #KarnatakaBudget2024 https://t.co/iteenurNPT
Loss of Rs 59,274 Crore was incurred by Karnataka due to unscientific implementation of GST in last 7 years: CM Siddaramaiah in budget speech. During 6 years of 15th Finance Commission, loss to Karnataka under devolution of Central taxes is estimated to be Rs 62,098 crore: CM in… https://t.co/NOU2HSRxba
Loss of Rs 59,274 Crore was incurred by Karnataka due to unscientific implementation of GST in last 7 years: CM Siddaramaiah in budget speech. Our opponents are making all efforts to lower our morale by negative propaganda that govt has gone bankrupt & economy has collapsed due… https://t.co/mD2NlyyoZO
Bengaluru | BJP MLAs hold protest at Vidhan Soudha over Karnataka budget 2024. BJP MLAs walked out of the state Assembly during the budget presentation. https://t.co/kFJaTTb7sb
Bengaluru | BJP MLAs hold protest at Vidhan Soudha over the Karnataka budget 2024. BJP MLAs walked out of the state Assembly during the budget presentation. https://t.co/Zwcq0ntq4y
#KarnatakaBudget | All services rendered by the Excise department will be digitised: Karnataka Chief Minister Siddaramaiah in budget speech | reported by news agency PTI
Tax slabs for Indian Made Liquor (IML) and beer will be revised: Karnataka CM Siddaramaiah in budget speech. #KarnatakaBudget2024 https://t.co/teYDDOViq2
Karnataka CM Siddaramaiah says, "While introducing Goods and Services Tax, Union Government had assured that there would be growth of 14% and states would be compensated in case of shortage in revenue growth. At a projected growth rate of 14%, it was estimated that the GST tax… https://t.co/1pYQB4dVxl
#WATCH | On the upcoming Karnataka Budget 2024, LoP Karnataka and BJP leader R Ashok says, " It is a bogus budget, govt is in a poor stage. This is an election budget" https://t.co/gOJ6l6s5t9
#WATCH | Bengaluru: On the upcoming Karnataka Budget 2024, Congress leader RV Deshpande says, " ...The guarantees we have promised, we are committed to that..." https://t.co/kMg70D4mn3