Karnataka CM Siddaramaiah presents ₹3.27 lakh crore budget, 5 guarantee schemes to cost ₹52,000 crore

Karnataka Chief Minister Siddaramaiah arrives in Vidhana Soudha to present the State budget in the Assembly, in Bengaluru on July 7, 2023. Karnataka Chief Minister Siddaramaiah presented his 14th State budget on July 7. He presented a budget with a total outlay of ₹3,27,747 crore, up from ₹3,09,182 crore in the budget presented by former chief minister Basavaraj Bommai in February 2023, for the same fiscal year (2023-24).

While the budget presented by Mr. Bommai before the Assembly elections did not impose any new tax, the budget presented by Mr Siddaramaiah on July 7 has increased the Additional Excise Duty […]

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