The Latest Breaking News from Budget

The annual Budget of the Nair Service Society (NSS) presented on Saturday by general secretary G. Sukumaran Nair provides for an income and expenditure of ₹144.25 crore.

Chief Minister Siddaramaiah met a delegation of contractors led by KSCA President D. Kempanna in Bengaluru on June 23 and promised that following the Budget session, he would convene a meeting of Finance Department and BBMP officials to sort out the pending bills issue.

With his financial team now in place, the new mayor will do his own forecast and hold several community meetings next month. His predecessor’s “midyear” budget forecast in April claimed an $85 million shortfall — among the lowest in recent Chicago history.

As the Congress government in Karnataka has begun implementing its five guarantees promised in the party’s poll manifesto, experts in different fields have suggested increasing the entertainment tax, much of which comes from the well-off, and increasing non-tax revenue, largely in the form of user charges for services, for meeting…