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Injustice to Karnataka in tax devolution, loss of over Rs 45,000 cr: CM

By Business Standard - 10 months ago
Alleging injustice to Karnataka by the Central government with reduction in tax devolution, Chief Minister Siddaramaiah said this has resulted in a loss of over Rs 45,000 crore to the state in the last four years. He also claimed that the taxes paid by Kannadigas were not useful for the state's difficult times, and the money was going to northern states. "Karnataka has faced significant challenges with a reduced tax devolution share post the 15th Finance Commission, resulting in a loss of over Rs 45,000 crore in the last 4 years. This injustice cannot stand," Siddaramaiah said on Sunday. "We stand united in demanding fair treatment and justice for Kannadigas to secure our state's welfare," he said in a post on 'X' with the hashtag "#SouthTaxMovement". The chief minister's comments come ahead of as all Congress lawmakers (also MPs) from the state, including Siddaramaiah, will be staging a protest in New Delhi on February 7, against the 'injustice' to Karnataka by the Union governmen

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