Page 2 - Tax Devolution News Today

Pointing out that as per the 14th Finance Commission, Karnataka got a share of about 4.71 per cent of taxes, and 3.64 per cent of taxes as per the 15th Finance Commission, the chief minister said the move resulted in loss to the state to the tune of Rs 62,098 crore in taxes

Southern states of Karnataka and Kerala have joined hands to corner the Centre over latter's fiscal policy and have alleged partisan approach in allocating GST share and grants to the Opposition-ruled states.Taking the 'tax fight' to Delhi, ...

The BJP and the Congress went head-to-head Wednesday morning over allegations the centre is withholding funds - specifically devolution of tax revenue - to the Karnataka government.

Vijayan will become the second chief minister in two days to take his regime to Delhi to strike, a day after Karnataka CM Siddaramaiahs sit-in at the same location for the same cause.

Karnataka chief minister Siddaramaiah, deputy chief minister D K Shivakumar along with party MLAs held a dharna today at Jantar Mantar here to protest against the "injustice" done to the state in the devolution of taxes and grants-in-aid over the past few years.

Siddaramaiah has alleged step-motherly treatment meted out to them by the Centre in terms of distribution of tax revenues in the Interim Budget, and has called for a protest in New Delhi on February 7. Kerala finance minister too said the state lost tens of thousands of crores due to the decreasing share of the divisible pool of tax collected by the Centre

Jantar Mantar News Update, Karnataka Congress Protest News, Bengaluru News Updates: The protestors would demand Centre set right the losses allegedly incurred by the Karnataka to the tune of Rs 1.87 lakh crore, during five years under the 15th finance commission.

India News: Alleging injustice to Karnataka by the Central government with reduction in tax devolution, Chief Minister Siddaramaiah claims a loss of over Rs 45,000 crore in the last 4 years. Join the protest in New Delhi against the 'injustice' to Karnataka by the Union government.

Chief Minister Siddaramaiah alleged injustice to Karnataka by the Central government with reduction in tax devolution, resulting in a loss of over Rs 45,000 crore to the state in the last 4 years. He claimed that taxes paid by Kannadigas are not useful for the states difficult times and are going to northern states. Siddaramaiah demands fair treatment and justice for Kannadigas, stating that the northern states, which are indebted to taxes paid by southern states, can never be a model for Karnat...

Get latest articles and stories on India at LatestLY. Bharatiya Janata Party (BJP) leader CN Ashwath Narayan criticized Karnataka Chief Minister Siddaramaiah on Wednesday after the latter alleged that the Centre is 'decreasing' the tax share of the state year by year. India News | BJP Leader Ashwath Narayan Responds to Siddaramaiah's Allegations over Karnataka's Tax Share.