1. CM presents ₹3.27 lakh crore budget, hikes revenue targets, liquor costlier
Chief Minister Siddaramaiah increases Additional Excise Duty on Indian Made Liquor by 20%, and on beer by 5.71%, proposes to revise guidance value of properties across Karnataka, and sets a higher revenue target from stamp duty and registration, and proposes that the tax on certain vehicle categories will be revised, apart from setting high revenue targets for all departments to mobilise resources.
