Tag: Karnataka budget 2018-19

Bengaluru : With an eye on Assembly election, due in late April or early May, Karnataka Chief Minister Siddaramaiah on Friday presented a popular state budget for fiscal 2018-19 to please all sections of society. Barring 8 per cent increase in additional excise duty on Indian-made liquor, the budget spared the people from fresh taxes despite Rs 151.30 crore deficit on capital account (revised estimates) on steep hike in borrowings. Delivering his 13th budget, sixth in a row as Chief Minister, by virtue of holding the finance portfolio, 70-year-old Siddaramaiah told...