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K’taka govt seeks justice in tax devolution & fiscal federalism
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Mangalorean.com
K’taka govt seeks justice in tax devolution & fiscal federalismBengaluru: Karnataka government has placed its legitimate and constitutionally grounded demands before the 16th Finance Commission, seeking justice in tax devolution and fiscal federalism, stated Chief Minister Siddaramaiah.
The government has also released posters in this regard and launched a campaign seeking justice for the state.
This initiative is aimed at informing citizens, placing facts on record, and building public awareness on why fair tax sharing is not a favour, but a right.
Karnataka seeks only what is due – justice, fairness, and respect within India’s federal framework, CM Siddaramaiah underlined.
He said that Karnataka is among the country’s highest contributors to national revenues, yet its share in tax devolution was earlier reduced from 4.71 per cent to 3.64 per cent, causing a loss of nearly Rs 80,000 crore.