The Legislative Assembly on Wednesday witnessed a war of words between the ruling BJP and the Opposition Congress members, with Chief Minister Basavaraj Bommai and Leader of the Opposition Siddaramaiah leading the charge, over the allegations of reduction in Karnataka’s Central share of tax revenue.
The issue came up during the CM’s reply to the debate on the State Budget when the Opposition Congress alleged that the actual allocation of Central share of taxes to Karnataka had reduced in the last few years.
Congress MLA Krishna Byre Gowda argued that the Central share of taxes being given to Karnataka was not in proportion with the size of the Union Budget. Pointing out that Karnataka had earlier got Central share of taxes in the range of 1.45% to 1.47% of the Union Budget size, he said the allocation in the last two years had reduced nearly to half of the above percentage.
